NYC security deposits unfairly burden low-income New Yorkers: report

“New York City Comptroller Scott Stringer is calling on the state to impose limits on security deposits, which he says unfairly burdens low-income New Yorkers. The Comptroller’s office has put out a new report that shows that New Yorkers sunk $507 million in security deposits in 2016, and is calling on the state to implement changes so that the process of moving becomes less burdensome and costly.”