Legislation would extend rent stabilization laws for three years and call on state legislature to strengthen existing laws.  On March 2, 2015 the City Council Committee on Housing and Buildings held a public hearing on Intro 685, a proposed law to amend the city’s administrative code and extend New York City’s existing rent stabilization laws.  Intro 685 declares the existence of a “housing emergency”, where the city’s vacancy rate drops below 5 percent, and … <Read More>