NY S03133

Prohibits landlords from increasing commercial rent during the lease term without tenant written consent and arbitrator determination that the increase is not fraudulent and is at fair market value.

Requires arbitration proceedings to follow civil practice law rules and landlords/arbitrators to make good faith efforts to allow tenants to attend hearings and prepare adequately.

Allows tenants to bring civil action in court for injunctive relief if rent increases violate these requirements, with courts awarding attorney's fees and costs if tenant prevails.

Prohibits landlord retaliation against tenants for asserting rights under this chapter and allows suits for actual and punitive damages, injunctive relief, and attorney's fees.

Voids any lease provisions that waive tenant rights under this chapter or the right to seek judicial intervention, and gives this chapter precedence over other city laws.