City’s IBO doubts proposed rent regs would cut property tax receipts
![](https://www.pincusco.com/wp-content/uploads/2019/05/Lower-East-Side-Google-1024x555.jpg)
Lower East Side, home to many rent-regulated apartments (Credit: Google)
Office skeptical of annual losses that REBNY-backed study said could hit $2B
By Adam Pincus
The city
Lower East Side, home to many rent-regulated apartments (Credit: Google)