All five Senators have a large number of rent-regulated apartments in their districts.
For tenants who are not in rent-regulated apartments, no such limits apply.
In fact, 40 percent of people in rent-regulated apartments are so content with where they live they'd be willing to pay more to stay put.
About 94,200 of these households are in privately owned rent-regulated apartments.
"The ability of anyone moving within the city or to the city to find a rent-regulated apartment is gone."
Out of 1.1 million rent-regulated apartments, only about 5 percent, for example, are occupied by families making more than $100,000 a year.
Even some of those living in rent-regulated apartments are feeling the pressure.
He said his plan would protect nearly all the 2.7 million tenants living in rent-regulated apartments.
The person must also be living in a rent-regulated apartment.
A tenant in a rent-regulated apartment must use it as a primary residence.