Sentences with phrase «vacancy decontrol only»
«With the shortage of housing in New York City and its surrounding areas, vacancy decontrol only further erodes the stock of rent - regulated housing,» Wright wrote.
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An increase in the rent threshold at which apartments become market - rate, indexed to rise each year, is a step forward, but it only slows the bleeding — and is well short of de Blasio's target, ending vacancy decontrol completely.
Because of this, de Blasio has called not only for an extension of the laws but a strengthening to end things such as vacancy decontrol, which allows landlords to deregulate a vacant apartment when the rent reaches $ 2,500 per month.
Record - high homelessness, vacancy decontrol, and scarce affordable housing units are only the most visible signs.