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Signed by. Andrew Cuomo. Signed. June 14, 2019. Status: Current legislation. The Housing Stability and Tenant Protection Act of 2019 ( HSTPA) is a New York state statute that introduced major changes to landlord-tenant law. [1]
By 1961, only New York City and 18 of New York's 57 other counties had rent regulation. Mixed regulation (1962–1984) New York City and the state government began dual administration of rent regulation in 1962, and 75,000 expensive apartments were gradually deregulated by 1968.
Founded. 1995. ( 1995) Website. furmancenter .org. The Furman Center for Real Estate and Urban Policy is a joint center at New York University School of Law and the NYU Wagner School of Public Service. The Furman Center was established in 1995 to create a place where people interested in affordable housing and land use issues could turn to for ...
421-a tax exemption. The 421-a tax exemption is a property tax exemption in the U.S. state of New York that is given to real-estate developers for building new multifamily residential housing buildings in New York City. As currently written, the program also focuses on promoting affordable housing in the most densely populated areas of New York ...
“More than half of all households citywide are classified as rent burdened, with rent consuming more than 30% of pre-tax income,” according to the NYC comptroller.
May 24, 2024 at 2:27 AM. PROVIDENCE − Renters being squeezed by the state's crushing housing crisis will see little to no relief, right now, from many of the reforms passed last year to make ...
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