JULY 2019 • LONGISLANDPRESS.COM 53
New York State's recently enacted rent reform impacts some on Long Island. (Getty Images)
BY CLAUDE SOLNIK
New York State’s rules affecting rents have been rewritten, providing more
protections for renters — and possibly throwing up more roadblocks for landlords
and developers.
The rules primarily impact rent control in New York City and rent-stabilized
communities across the state, including a dozen communities in Nassau County,
but often impact rentals statewide. Renters are more enthusiastic about the
changes than landlords.
“If you’re on the tenant side, a lot of these rules may be, in your opinion, fairer,”
says Mitch Pally, CEO of the Islandia-based Long Island Builders Institute. “If
you’re on the landlord’s side, a lot of these rules may seem too advantageous
for the tenant and not ensure the landlord will get paid.”
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56 OPEN HOUSE 60 INSIDE JOB
PRESS HOME
RENT’S NEW TUNE NEW RENT RULES SOUND SWEET FOR TENANTS, WHILE LANDLORDS SING BLUES
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