Gianaris-Barnwell Bill Ends Current Major Capital Improvement Program, Replacing It with Tax Credit for Building Improvements and Institutes New Tenant Protection Reforms

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WOODSIDE, NY — August 29, 2018 — Senator Michael Gianaris and Assemblymember Brian Barnwell introduced legislation ending Major Capital Improvements (MCIs) and instituting new protections for tenants.    “Too many tenants are priced out of their homes because of MCIs whose only improvement seems to be the landlord’s bottom line,” said Senator Michael Gianaris. “All New Yorkers deserve high quality, affordable …

eHeziGianaris-Barnwell Bill Ends Current Major Capital Improvement Program, Replacing It with Tax Credit for Building Improvements and Institutes New Tenant Protection Reforms