NYC security deposit reforms proposed to protect tenants

AmNews Staff Reports | 7/16/2018, 11:28 a.m.
New York City's comptroller called for caps on security deposits, saying that tenants in the city are spending too much, ...

New York City's comptroller called for caps on security deposits, saying that tenants in the city are spending too much, in a new report Sunday.

Comptroller Scott Stringer found that New York renters sunk approximately $507 million into security deposits in 2016.

READ MORE FROM PIX 11 NEWS.