The Law Offices of Michael L. Walker, ESQ.
NYC Considering Capping Commercial Rent
Sep 20, 2021

NYC Considering Capping Commercial Rent

A controversial new bill proposal has government officials, community leaders and businesses big and small at odds. The proposed limit to what landlords can charge for commercial rent is seen by the sponsors as benevolence to the small business bodega while others see it as kneecapping economic recovery and growth to a hard hit sector during the pandemic – real estate.

https://gothamist.com/news/in-pandemics-aftermath-calls-grow-for-nyc-to-regulate-commercial-rents

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