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Posts Tagged ‘ rent stabilization ’

New York rent laws: Gov. Cuomo signs bill. Says it provides ‘strongest tenant protections in history’

June 14, 2019
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On Tuesday, the New York state legislature agreed on a package of sweeping tenant protections and rent regulations that would be the biggest rewrite of tenant law in decades. The current laws expire on June 15, and these new ones are intended to be permanent. Governor Andrew Cuomo said he intends to sign the bills…

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NYC one-bedroom rents hit $2,980/month, an all-time high. Two bedroom hits $3,300/month

June 4, 2019
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Securing affordable housing is a challenge for many New Yorkers. With a vacancy rate of less than 1% in the rental housing market, affordable housing in New York City is at best a scarce commodity. Real estate listing site Zumper released its June national rent report, which once again placed New York City second place in…

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How Landlords Push Out Tenants for Profit [audio]

July 6, 2017
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How Landlords Push Out Tenants for Profit [audio]

State rent-stabilization laws are supposed to protect tenants from the pressures of the city’s real estate market, but housing advocates say there are ways for owners to raise rents much more, according to WNYC.

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Judge sides with de Blasio, tenants on rent freeze

March 28, 2017
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Judge sides with de Blasio, tenants on rent freeze

A rent freeze on one-year leases for New York City’s rent-stabilized apartments, backed by Mayor Bill de Blasio, will remain in effect after a judge dismissed a landlord-backed effort to overturn it, Politico New York writes.

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