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District 4

Keith Powers

Upper East Side, Carnegie Hill, Yorkville, Central Park South, Midtown East, Times Square, Koreatown, Stuyvesant Town and Peter Cooper Village, Waterside Plaza, Tudor City, Turtle Bay, Murray Hill, Sutton Place

February 6, 2020

“Over the past year, I have worked with my colleagues in the City Council to focus on reducing the impact of the high costs of renting an apartment, particularly on low-income New Yorkers.

Whether it’s security deposits or broker fees, the system has been stacked against the average New Yorker and created financial instability for too long.

I commend Mayor de Blasio on his proposal regarding alternatives to security deposits through giving renters the option to pay through insurance or in installments. I also want to thank Council Member Rivera for her partnership and leadership on these issues.

I look forward to expanding these efforts to help thousands of New Yorkers and make New York City more affordable.”