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The DHCR recently updated its fact sheet related to demolitions. Demolitions have garnered more attention in recent years due to the sweeping changes made to rent regulations as a result of the Housing Stability and Tenant Protection Act (HSTPA). Passed in June 2019, HSTPA severely limited rent increases and the ability for owners to deregulate apartments after their rents had passed a certain threshold. A demolition remains as one of the few grounds upon which an owner...
The Housing Stability and Tenant Protection Act (HSTPA) of 2019, which went into effect on June 14, 2019, made dramatic changes to how rents can be raised. It changed formulas for vacancy leases, major capital improvements (MCI), and individual apartment improvements (IAI). Before HSTPA, rent increases eventually allowed an owner to deregulate rent-stabilized apartments after their rents had passed a certain threshold ($2,774.76). Once an apartment was deregulated owner...
On Aug. 12, 2020, New York State Chief Administrative Judge Lawrence K. Marks issued a memorandum revising the procedure for both residential and commercial eviction proceedings. This guidance comes a week after Governor Cuomo issued Executive Order 202.55 extending New York’s eviction moratorium and the state’s protections for tenants who have faced financial hardships related to COVID-19 by 30 days, through Sept. 4.
Tenants are still on the hook to pay back rent owed, but you may have to work out a payment plan....
On June 30, New York Governor Andrew Cuomo signed into law the New York Tenant Safe Harbor Act. The new law, sponsored by New York State Senators Brad Hoylman and Liz Krueger and State Assembly Member Jeffrey Dinowitz, provides protection from eviction to residential tenants in the state who have experienced financial hardship during the COVID-19 Sta...
The RGB freezes one-year renewal rents and sets a partial freeze for two-year renewals.
On June 17, in a 6 to 3 vote, the city’s Rent Guidelines Board (RGB) decided to freeze rents for rent-stabilized tenants with one-year leases. For two-year renewal leases, a 1 percent increase is allowed during the second year.
The freeze is the third one during Mayor de Blasio’s tenure. The first two occurred in 2015 and 2016 for one-year lease...
We explain which tenants are protected and how to let tenants tap security deposits for rent.
On May 7, Governor Andrew Cuomo signed into effect New York State Executive Order No. 202.28, extending the eviction moratorium from June 20 through Aug. 20. The moratorium prevents owners from filing eviction proceedings for the nonpayment of rent against both residential and commercial tenants.
As the COVID-19 pandemic continues, the Centers for Disease Control and Prevention (CDC) and the local health department have encouraged workers who are sick to stay home. Benefits such as sick leave and family leave can help employees follow these guidelines during this precarious time. Currently, there are no national standards on paid family or sick leave. The current system is a patchwork of federal, state, local policies along with those that have been negotiated t...
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