BBG News

Sherwin Belkin Quoted by City Limits Regarding NY’s Housing Deal

Apr 22, 2024

Sherwin Belkin was quoted in the City Limits article titled “NY’s Housing Deal Is Here. What Does It Mean for Tenant Stability?.”

Mr. Belkin has long criticized the 2019 good cause bill and described the latest version as a “substantial improvement.” He predicted that future amendments might tilt it further in favor of tenants, noting, “It’s harder to fight tweaks than it is to fight new statutes.” Additionally, he underscored the importance of carve-outs for new constructions and other specific property types, asserting that these provisions are crucial for reassuring developers who are focused on the return on their investments.

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