HCR’S PROPOSED REGULATIONS: AN IMPORTANT STEP IN THE RIGHT DIRECTION

New York, NY – April 24, 2013 – (RealEstateRama) — This morning, New York State Homes and Community Renewal released a set of proposed new rules and regulations for rent law enforcement. This comes nearly two years after the passage of 2011’s Rent Act, which mandated that HCR “promulgate rules and regulations to implement and enforce all provisions of this act and any law renewed or continued by this act.”