Marc H. Schneider quoted in The Real Deal regarding laws that inadvertently affect Co-ops

Two years after overhauling the state’s rent law, lawmakers made a key correction.

The Senate and Assembly this month passed a bill that frees co-ops from the Housing Stability and Tenant Protection Act. The 2019 law, which regulates rent-stabilized apartments, inadvertently limited the fees and deposits co-op boards can demand from buyers.

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