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Rent Wars

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The Post reports a new rent law could come any minute now. It looks like the deregulation threshold is going to be raised to $2,500 from $2,000 with a maximum income for regulated tenants being raised to $200,000 from $175,000. Gov. Cuomo reportedly told the Rent Stabilization Board and Real Estate Board that there was going to be a new rent law "or else." [NYP]