State Assembly Approves Stronger Rent Regulations, Tenant Protections

The Democrat-controlled New York State Assembly recently approved legislation to extend and strengthen rent regulations, setting up a battle with the Republican-controlled State Senate. The Assembly’s bill would extend city rent regulations—which expire in June—for another four years. Speaker Carl Heastie (D) praised the legislation as combating “ever-increasing rents” through measures that include the repeal of vacancy decontrol and limiting rent increases associated with building or apartment improvements.

Full Article Access:

Full access to complete articles from New York Apartment Law Insider is for subscribers only.

Not yet ready to subscribe?