Rent Laws and Fire Risks in Old Buildings

A dangerous fire risk in aging buildings is sparking panic—and blame is falling on a 2019 rent law that caps upgrades at just 2%. Landlords can’t afford fixes, banks won’t lend, and insurance premiums soar if violations linger. Meanwhile, a new tax on luxury pied-à-terres is forcing co-ops into legal battles with shareholders. It’s a tangled mess with real consequences for tenants and owners alike. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/edb97753cbe04d32