10/11/2023: Episode 82 - Rent Stabilization: Update on Legal and Legislative Challenges with Jay Martin
Manage episode 379525392 series 3261626
On this episode, Shimon Shkury, President and Founder of Ariel Property Advisors, interviews Jay Martin, the Executive Director of the Community Housing Improvement Program (CHIP), a trade association representing 4,000 owners of rent-stabilized rental properties. Jay discusses the Supreme Court’s refusal to hear CHIP’s petition challenging the constitutionality of New York’s rent stabilization laws; his advocacy for legislation that would reset rents on units vacated by long-time tenants to help pay for renovations; and how the city could provide vouchers to tenants struggling to pay rent.
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