EFTA Document EFTA01374741

The Unintended Consequences Of NYC's New Rent Regulation Laws PRESENTED BY: Rosenberg & Estis In the waning hours of the last session before its summer break, the New York state legislature pushed through the first "cleanup bill" addressing the sweeping rent regulation laws it passed days earlier. According to legal experts, however, the cleanup process is far from over. While the new laws were passed with the goal of protecting tenants from harassment and unpredictable rent hikes, they could have adverse effects, forcing tenants into court more often and leaving buildings to fall into disrepair. These effects won't be addressed until the legislature reconvenes in January, if they are... Read the MI story here. ;•• • CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0069587 CONFIDENTIAL SDNY_GM_00215771 EFTA01374741