Bloomberg’s Rent-Regulation Chief, Speaking for Himself, Calls for ‘Wholesale’ Reform

A State Senate forum on rent-regulation policy Thursday morning featured a long list of sharp criticisms of the existing system and calls for radical change, standard fare for events on this topic.
Some samples: The rent-regulation system “needs a wholesale reform;” there is “absolutely no rationale” for high-income decontrol; the city should implement a “rent tax” to subsidize middle-income tenants who can’t afford increased rents.
What was notable was that all of those statements came from the chairman of the city’s Rent Guidelines Board, the Bloomberg administration–controlled body that sets rent increase limits on the city’s 1.4 million rent-regulated apartments each year.
The chair, Marvin Markus, made a point to note that the views were his own, not those of the administration or of the board.

Bloomberg’s Rent-Regulation Chief, Speaking for Himself, Calls for ‘Wholesale’ Reform