Sentences with phrase «for luxury decontrol»
Ricci recalled the brief period of Democratic control of the Senate in 2008 when members introduced measures «every week» that would «hurt the residential real estate industry,» such as raising the threshold for luxury decontrol, or the rent that effectively removes an apartment from rent - stabilization rules.
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The City will work with the state as rent regulation comes up for renewal in 2015 to prevent abuses of the vacancy and luxury decontrol provisions and capital improvement rules.