New lead paint law goes into effect in the Bronx and city
The new lead paint law went into effect Monday despite opposition by the mayor and many landlords.
Mayor Bloomberg had vetoed the bill, but the City Council voted in favor of overriding the veto. Under the law, if a building was constructed before 1960 and the landlord is not sure whether the paint inside is lead based then he or she must assume it is and fix it. Landlords must also fix lead paint problems in any dwelling that has children under the age of six.
Both the mayor and landlords feel that the way the law is written opens up landlords to more lawsuits. They also believe the law will hinder landlords from getting insurance. In the long run, the mayor and landlords feel the housing market will dry up.