Rent Stabilized
Rent stabilized apartments are those in buildings of six or more units built between February 1, 1947 and January 1, 1974. Tenants in buildings built before February 1, 1947, who…
Rent stabilized apartments are those in buildings of six or more units built between February 1, 1947 and January 1, 1974. Tenants in buildings built before February 1, 1947, who…
Rent control is the rent regulation program which generally applies to residential buildings constructed before February 1947. For an apartment to be under rent control, the tenant must generally have…
The New York City agency responsible for setting the yearly rent-rate adjustments for the City’s rent stabilized apartments. The Board is appointed by the Mayor and consists of two members…
Passed in June 2019, HSTPA removed the vacancy bonus and placed new limitations on major capital improvements to slow the acceleration of rent increases in rent stabilized housing.
The IAI provision allowed a landlord to collect a significant, permanent rent increase on a vacant rent-regulated apartment in return for making physical improvements to that apartment, which led to…
When owners add new installations (for example, a new boiler) to a building subject to the rent stabilization or rent control laws, they may be permitted to increase the building’s…
For rent stabilized apartments, any “family member” of the tenant may have the right to a renewal lease (rent stabilization) when the tenant dies or permanently leaves the apartment. The…
The actual rent charged by an owner to a tenant that is less than the established legal regulated rent. Effective with passage of the Housing Stability & Tenant Protection Act…
the state agency that oversees rent regulation