Senator Espaillat on Rent Guidelines Board Decision

Adriano Espaillat

"While I believe a rent role back is appropriate, the Rent Guidelines Board's historic decision to freeze rents for one year leases will help keep New York affordable for over two million tenants," said State Senator Adriano Espaillat (D-Manhattan/Bronx), the Ranking Member of the Senate's Housing Committee. Making sure working and middle class New Yorkers have a home in this city is paramount to its future. Tenants are being asked to pay an ever increasing percentage of their income towards rent, while landlords have increased their profits due to relatively flat operating costs."