How ‘Good Cause’ Could Give Some Tenants New Leases and Lower Rent

The City

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How ‘Good Cause’ Could Give Some Tenants New Leases and Lower Rent

State legislators have approved a slew of new rules that will give some New York City tenants more rights to stay in their apartments, and limit how much landlords can raise the rent in eligible apartments. The “good cause” policy is a historic change for the city’s housing market, one that follows in the footsteps of other, similar rent rules recently adopted in California, Oregon and Washington and being seriously considered in Connecticut now…