Dunlea: State Comptroller Needs to Audit Trump, other landlords’ abuse of rent stabilization program
Mark Dunlea, the Green Party candidate for State Comptroller, called today for the State Comptroller to audit the widespread abuse by Donald Trump and other landlords of capital improvement to raise rents under the state’s rent stabilization program.
“We need a state Comptroller who will stand up to the real estate industry and fight for tenants. The Comptroller should audit the rent stabilization program to crack down on landlords who abuse the system to unfairly raise rents on tenants,” said Dunlea, the former head of the Hunger Action Network of New York State.
The New York City Rent Stabilization Law (RSL) is the fundamental statute establishing Rent Stabilization regulation in New York City, and through the Rent Stabilization Code, is administered by the New York State Division of Housing and Community Renewal (DHCR). The NY Times issued a study yesterday outlining long-standing abuses of so-called capital investments by President Trump in housing he owns to inflate rents.