We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
Bronx Borough President Ruben Diaz, Jr., recently proposed pairing new rent restrictions with a tax-break for property owners. The plan is intended to end the threat of sudden, significant rent increases in regulated apartments where tenants currently enjoy preferential rents and compensate owners who may lose out on revenue.