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New York City rent stabilization qualifications changed over the years, purportedly to curb perceived abuses that allowed the wealthy to enjoy protection that was ostensibly intended for the working class. [11] [12] The apartment must be the tenant's primary residence to qualify for stabilization. [13]
Recent reports estimate that there are over 1 million rent-stabilized apartments in New York City. That means that almost half of the city's rental units are subject to rules that keep rents cheap.
ShutterstockWhen looking for a place to rent, New York City dwellers encounter a unique set of circumstances By Niccole Schreck Apartment hunting can be stressful for any renter, but New York City ...
On June 11, 2019, State Senate Majority Leader Andrea Stewart-Cousins and Assembly Speaker Carl Heastie announced that they had reached a "landmark agreement" on new rent laws. [6] Both houses of the New York state legislature passed the HSTPA on June 14, 2019, and Governor Andrew Cuomo signed the HSTPA into law later that day. [1]
Vicki Salemi is a writer and former HR manager who landed a big-city job and moved from the New Jersey suburbs to New York City when she was 30. She dishes on how to successfully make the career ...
The New York State Division of Housing and Community Renewal (DHCR) is an agency of the New York state government [1] responsible for administering housing and community development programs to promote affordable housing, community revitalization, and economic growth. Its primary functions include supervising rent regulations through the State ...