WHAT OUR MEMBERS ARE SAYING
WEBB Rentals, LLC a member of the Schenectady Landlords Influencing Change (SLIC) supports the mission of Under One Roof to address the unintended consequences of the Housing Stability and Tenant Protection Act. WEBB Rentals, LLC provides quality, affordable rental houses and apartments for tenants. The legislation enacted through the Housing Stability and Tenant Protection Act is already resulting in negative consequences for our business. As small business owners we have a very tight margin of profit and are unable to sustain a loss of income.
We believe this new legislation will result in many property owners experiencing income losses and therefore unable to make mortgage and property tax payments. Obviously this will result in foreclosure of rental properties diminishing options of housing for tenants. The Housing Stability and Tenant Protection Act damages the housing industry and denies tenants the ability to secure safe, well-maintained rental homes.
We request the NYS Legislature to revise the Housing Stability and Tenant Protection Act so it provides a stable foundation of reasonable laws to protect both tenants and rental property owners.
Tracy Shepherd & Kimlee Marquise - Owners of WEBB Rentals, LLC