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Catharine Young Wants to Put Your Landlord on the RGB!

Thursday, January 10th, 2013

Yesterday, Senator Catharine Young introduced Senate bill S2045, which would allow owners of rent regulated apartments in certain counties to serve on the Rent Guidelines Board. In other words, Catharine Young wants the RGB, whose primary job is to determine a fair rent increase every year (preventing the landlords from jacking up regulated rents past an unreasonable percentage), to be directly controlled by the landlords themselves!

This bill would only affect Nassau, Rockland, and Westchester counties (suburbs of New York City), all of which are over 300 miles outside of Young’s own district.