As state lawmakers debate how best to address New York’s dual housing and homelessness crises, tenant advocates are keeping a wary eye on proposals they say would undermine landmark 2019 protections for renters in stabilized apartments.
A long list of BigLaw attorneys, firm leaders and legal groups have urged New York Gov. Kathy Hochul to reconsider her plan to divert $100 million in interest earned on lawyer trust accounts that typically goes toward legal aid for low-income New Yorkers, calling the move "misguided" and cautioning that it could create "an existential threat" to civil legal services.