NYC tenants to march in support of rent control renewal

brooklyn bridgeNEW YORK – (AP) — Large numbers of tenants in New York City are planning to march across the Brooklyn Bridge to show their support for the laws governing the city’s longstanding rent control rules.

The event comes as state lawmakers in Albany prepare to decide whether to renew, weaken or strengthen the rent regulations, which expire next month.

The rules govern the rents landlords can charge for more than 1 million apartments in the city that house more than 2 million residents.

Supporters say the rules ensure that New York City remains affordable to people of different incomes. But landlords say the rules unfairly restrict their business and can lead to higher rents on unregulated apartments.

Lawmakers could simply renew the law as it is or decide to strengthen or weaken the rules.

Source: Newsday.com