NY Universal Rent Control Bill introduced

[Jolene Trimm]

Julia Salazar has 2 bills in the NY Senate committee- one for Good Cause eviction and another that makes rent control apply to ALL apartments in ny state including an automatic lease renewal of 1 or 2 years. I was thinking of buying my first owner occupied 2 family in Queens, NY this year and renting to a tenant- would this be a bad idea if this bill passes ?

https://www.nysenate.gov/legislation/bills/2019/s2891

https://www.nysenate.gov/legislation/bills/2019/s2892