BP DIAZ ISSUES NEW REPORT: ‘THE PREFERENTIAL RENT CRISIS IN NEW YORK CITY’

Today, Bronx Borough President Ruben Diaz Jr. issued a report, titled “The Preferential Rent Crisis in New York City.” The new report examines the scope of the preferential rent issue in the five boroughs and features profilesof four neighborhoods with high numbers of preferential rent tenants: Jamaica,Bay Ridge, Fordham and Washington Heights. Borough President Diaz…