To have landlords team up with tenants doesn’t generally seem like a very plausible notion; as political forces, after all, the two constituencies spend much of their time opposing each other on an array of policies.
But this morning, Steve Spinola, president of the Real Estate Board of New York, the politically powerful landlord group, suggested an alliance should, and could, be in the works on the subject of property tax reform in New York City.
“We need to bring the renters into this,” Mr. Spinola said this morning at a Manhattan Institute forum on property taxes, “and for them to recognize not only, one, that they’re being punished, but that, two, that whatever our solution is, that they are going to get a reward or benefit from the change.
