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David Hershey-Webb ©2019 David Lubarsky David Hershey-Webb ©2019 David Lubarsky

 The Real Estate Industry’s public relations campaign against the Housing Stability and Protection Act (HSTPA) of 2019 is well under way. In article after article, industry representatives, including landlord attorneys, are making the same predictions they have made after every strengthening of the rent laws since the 1920s: repairs and improvements will not be made, developers will stop building, young people will not be able to find apartments, etc … See for example, “HSTPA—2019: Some Observations,” Estis and Turkel, NYLJ July 2, 2019 (predicting “cheap, shabby apartments”); “How the New Rent Laws will slam NYC’s Housing Market,” New York Post, July 24, 2019 (predicting less development of affordable housing); “Fed Up: Major Landlords Consider Leaving New York,” Crains NY Business Aug. 20, 2019 (predicting that developers will flee to Florida).

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