City Council votes to close landlord loophole named after Jared KushnerPosted: Updated:
A new New York City law will prevent landlords from lying about the number of rent-regulated units that exist in their buildings, in an effort to keep people in their homes.
The City Council moved to tighten the loopholes that previously allowed landlords to falsely claim they had no rent-regulated tenants. Councilman Ritchie Torres announced details of the new law Friday, under what is known as the "Kushner Loophole."
Critics say some landlords would file fake paperwork, giving them the green light the use repairs and construction to drive out specially protected tenants who pay lower rent.
In a partnership wit the Housing Rights Initiative, Torres found that Kushner Companies, owned by President Trump's senior adviser and son-in-law Jared Kushner, falsified more than 80 work permit applications with the Department of Buildings across dozens of properties.
Regulators will now check tax records to make sure landlords are being honest. If they find landlords have filed false paperwork, the city's investigation unit will be alerted and all of the landlord's buildings will be audited.