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June 17, 2024 at 12:03 PM. NEW YORK - New Yorkers living in rent-stabilized apartments must dish out more each month. New York City's Rent Guidelines Board approved increasing rent to as much as 2 ...
Through its Office of Rent Administration (ORA), DHCR is responsible for administering and enforcing rent stabilization and rent control laws in New York City and other jurisdictions statewide. This includes reviewing and approving rent increases, handling tenant complaints, investigating violations, ordering corrections, and imposing penalties ...
Rent regulation in New York is a means of limiting the amount of rent charged on dwellings. Rent control and rent stabilization are two programs used in parts of New York state (and other jurisdictions). In addition to controlling rent, the system also prescribes rights and obligations for tenants and landlords. [1]
According to a recent city-conducted housing survey, rents at rent-stabilized apartments have fallen by 3 percent in real terms from 2021 to 2023. Nevertheless, media outlets covering the board's ...
According to the press office of Mayor Eric Adams, residents who live in rent-stabilized apartments will see their rents increase this October. In a 5-to-4 vote, New York City's Rent Guidelines ...
On July 15, 2019, an assortment of landlords and landlord groups initiated a legal challenge to the law in the U.S. District Court for the Eastern District of New York. In a 125-page complaint, the plaintiffs claimed that the Rent Stabilization Law – as modified by the HSTPA – violated their rights under Due Process Clause of the Fourteenth Amendment and the Takings Clause of the Fifth ...
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