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NY S06570
Bill
Status
6/16/2019
Primary Sponsor
Brian Kavanagh
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AI Summary
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Prohibits landlords from increasing rent on commercial premises during the lease term without written tenant consent and an arbitrator's determination that the increase is not fraudulent and does not exceed fair market value.
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Requires arbitration proceedings to follow New York's civil practice law and rules, with good faith efforts to allow tenant attendance, being heard, and reasonable preparation time.
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Allows tenants to bring civil action in court for injunctive relief and other remedies if they believe a rent increase violates the law, with courts awarding reasonable attorney's fees and costs to prevailing tenants.
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Prohibits landlord retaliation against tenants for asserting rights under this chapter, with penalties including actual and punitive damages, injunctive relief, and attorney's fees.
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Invalidates any lease provisions that waive tenant rights under this chapter or the right to seek court intervention, and establishes that this chapter takes precedence over conflicting city laws.
Legislative Description
Prevents landlords from raising commercial rents during a lease without a determination by an arbitrator that such rent increase is not fraudulent and is fair.
Last Action
REFERRED TO CITIES
1/8/2020