NYC passes Anti-Buyout Legislation: What this means for Tenants
December 15, 2015
NYC apartments are always in high demand. Unscrupulous landlords have long tried to take advantage of this demand by forcing current tenants out of their rent-regulated units so they can raise the prices and secure new tenants. Landlords might resort to threat, coercion, neglect, or even buy out existing tenants in order to free up