In New York City's ongoing housing crisis, small landlords, who own up to 50% of rental units, are struggling with rising maintenance costs and difficult tenants. They feel unsupported by city regulations that heavily favor tenants, particularly as they contend with systemic issues and a lack of resources. The balance between tenant rights and landlord responsibilities is under scrutiny, as experienced landlords share stories of significant challenges in maintaining their properties and the fear of adverse consequences from legal and governmental systems designed to protect tenants.
Amid New York City's housing crisis, small landlords face rising costs and tenant issues, feeling unsupported by city laws that favor tenants.
Small landlords, owning 30% to 50% of rental units in NYC, report significant challenges in maintaining their properties due to harsh tenant laws.
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