New York's Good Cause Eviction Bill Is Problematic

By Alexander Lycoyannis (March 3, 2022, 5:53 PM EST) -- New York lawmakers are currently considering S. 3082, also known as the good cause eviction, or GCE, bill. The bill would impose a strict new rent control regime on virtually all of New York State's free-market residential apartment stock.

The state Senate has recently resumed consideration of the bill. And there is significant concern throughout the business community and the New York real estate industry that the bill will become law with its harmful elements intact.

Ostensibly intended, as the name suggests, to require so-called good cause before evicting residential tenants, the GCE bill would instead freeze most current residential occupancies...

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