Newark City Council has proposed dramatic revisions to its rent control ordinance, which will be considered by Council in May. The proposal would:
- significantly reduce allowable rent increases;
- limit the ability to recover expenses for capital improvements; and
- impose an unreasonable compliance threshold.
Please see the memo prepared by our firm detailing some of the major changes and contact Derek D. Reed, Esq. of this firm at dreed@epgp-law.com as to what you can do voice your opposition.
