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NY A05533
Bill
Status
2/14/2025
Primary Sponsor
Chantel Jackson
Click for details
AI Summary
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Extends the tenant response period for major capital improvement (MCI) rent increase applications from 60 days to 120 days from the date of mailing of the notice of proceeding
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Requires the State Division of Housing and Community Renewal to provide responding tenants with written reasons for approval or denial of MCI applications
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Applies to rent-controlled apartments under the Emergency Housing Rent Control Law, rent-stabilized apartments under the Rent Stabilization Law, and units covered by the Emergency Tenant Protection Act of 1974
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Takes effect 90 days after becoming law, with provisions expiring when the underlying rent control and stabilization laws expire
Legislative Description
Provides for tenant responses to applications for a major capital improvement rent increase; allows tenants to respond within one hundred twenty days from the date of mailing of a notice of a proceeding; requires the state division of housing and community renewal to provide any responding tenant with the reasons for the division's approval or denial of such application.
Last Action
referred to housing
1/7/2026