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NY A05770
Bill
Status
2/24/2021
Primary Sponsor
Rodneyse Bichotte Hermelyn
Click for details
AI Summary
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Prohibits landlords from increasing preferential rent (rent below the legal regulated amount) when a tenant renews their lease; rent can only be adjusted by applicable guidelines increases and other legally authorized increases.
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Allows landlords to adjust rent upon vacancy only if the vacancy was not caused by the owner's failure to maintain the housing accommodation in compliance with habitability standards under Real Property Law Section 235-b.
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Applies the same restrictions to buildings receiving federal project-based rental assistance or Section 8 subsidies, requiring approval from the relevant government agency before any rent adjustments upon renewal or vacancy.
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Amends both the Emergency Tenant Protection Act of 1974 and New York City Administrative Code Section 26-511 to establish uniform protections against preferential rent increases.
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Takes effect immediately, with the New York City provisions expiring on the same date as the underlying rent regulation law.
Legislative Description
Prohibits an owner from adjusting the amount of preferential rent, rent charged and paid by the tenant which is less than the legal regulated rent for the housing accommodation, upon the renewal of a lease; only allows the owner to make such adjustments upon a vacancy which is not the result of the failure of the owner to maintain a habitable residence.
Last Action
referred to housing
1/5/2022