Episode Details

New York’s housing regulators secretly overhauled rent stabilization rules last year, quietly making it harder for landlords to deregulate buildings — a move insiders say was politically driven and retroactively applied, costing investors millions. Former DHCR official Woody Pascal, now testifying for a major real estate firm suing over the change, reveals the policy shift was implemented without public notice or debate, using tenant buyouts as flawed evidence of building quality. The fallout has ignited industry outrage and legal battles, exposing a system increasingly tilted toward tenants — and leaving developers scrambling to recoup losses.

Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.

Advertise on DNN:
advertise@thednn.ai

This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.

View sources & latest updates:
https://sources.thednn.ai/8f0c2eb7c1252bc9