The New York City Council held a hearing on Monday about Rent Guidelines Board Reform Legislation we've been championing. (The vote will be at the end of May.)
On Monday, May 21, 2012, the City Council's Committee on Housing and Buildings held a hearing about Resolution #1329.
This resolution, which was introduced by Council Members Levin, James and Dilan, calls on the NYS Legislature to pass S741B Squadron/A6394B Kavanaugh – legislation that would make the Rent Guidelines Board (RGB) more inclusive by requiring members to have experience in areas beyond finance, economics and housing. This will help ensure that a wider range of voices are represented on the board.
This state legislation would also grant the City Council the power to confirm mayoral appointees to the RGB. That way, we'll be able to ensure a better balance between tenant and landlord interests. Click here for the testimony of State Senators Squadron and Kavanagh.