You know, I think that the city can afford it because I actually don't think there are as many landlords as are claimed that are facing this mismatch between the their expenses and their income. Also In Albany, we have created against my will, more loopholes for landlords to actually raise the rent through means of individual apartment improvements. where they can charge tenants for improvements they do to the units. So what we're actually seeing is, I think by and large, landlords across New York City are doing all right. (01:36–01:45)
CLAIM
Asserts that loopholes have been created in Albany allowing landlords to raise rents through apartment improvements.
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