Thursday, February 25, 2016
How landlords cheat tenants
69% of New Yorkers – over 5½ million people – live in rented housing. Landlords and developers capitalize on that enormous demand, and some break the law while doing so. Last November, ProPublica began an investigation into how some New York City developers and landlords illegally overcharge tenants and cheat taxpayers. ProPublica reporter Cezary Podkul discusses his ongoing series “The Rent Racket” which examines New York City’s ineffective rent stabilization system and investigates how tax breaks for developers and careless regulatory agencies affect the lives of tenants.