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NY A05623
Bill
Status
3/20/2023
Primary Sponsor
Michael Fitzpatrick
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AI Summary
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Eliminates rent regulation for housing accommodations that become vacant on or after June 16, 2024, under the emergency housing rent control law, local emergency housing rent control act, emergency tenant protection act of 1974, and NYC Administrative Code Section 26-504.
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Exempts vacant units from de-regulation if a landlord or their agent intentionally caused the tenant to vacate through conduct that interfered with tenant comfort, repose, peace, or quiet (including interruption or discontinuance of essential services).
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Applies the vacancy exemption only to units that became vacant before June 16, 2024, under the local emergency housing rent control act; units vacant on or after that date are de-regulated unless landlord misconduct is found.
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Amendments to the local emergency housing rent control act remain in effect only while a public emergency requiring regulation of residential rents and evictions continues.
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Takes effect immediately, except amendments to the rent stabilization law expire on the same date as that law under NYC Administrative Code Section 26-520.
Legislative Description
Relates to the de-regulation of rent-stabilized housing accommodations; eliminates rent regulation for any regulated housing accommodation that becomes vacant on or after June 16, 2024; makes exceptions.
Last Action
referred to housing
1/3/2024