New York, NY – NYC Rent Regulations For 2 Million Tenants Expire

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    Commissioner of Housing Preservation and Development Vicki Been, far left, Commissioner of Human Resources Steve Banks, second from left, Mayor Bill  de Blasio, center, Legal Aid Society attorney-in-charge Adriene Holder, second from right, and Legal Services NYC executive director Raun Rasmussen hold a press conference, Monday June 15, 2015, at City Hall in New York.  The mayor and his housing team outlined the city's response if state lawmakers can't strike a deal before a midnight deadline on rent regulation.  (AP Photo/Bebeto Matthews)New York, NY – A law affecting rents paid by 2 million New York City tenants expired late Monday as state lawmakers failed to reach an agreement on extending it before a midnight deadline.

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    As talks between legislative leaders and Democratic Gov. Andrew Cuomo dragged on past the long-awaited expiration date, tenants, Democratic Mayor Bill de Blasio and many rank-and-file lawmakers slammed the Legislature’s inability to craft a compromise in time as the latest example of dysfunction in Albany.

    “Do your jobs! You’re playing with people’s lives,” said Esteban Giron, one of several New York City tenants who gathered outside Cuomo’s Capitol office. The 36-year-old social media consultant said rent regulations have prevented his rent from going up by hundreds of dollars each month.

    The rent regulations cover some 1 million rent-controlled and rent-stabilized units in and around New York City. The longstanding rules, which must be renewed in Albany periodically, dictate rent increases and eviction policies and are seen as a key protection for affordable housing in the nation’s largest city.

    The immediate impact of a lapse in the rules likely would be minor. Landlords of rent-regulated units must give notice to tenants about rent increases or evictions, and Cuomo vowed to go after landlords who exploit the law’s expiration. The law expired when it came up for renewal four years ago before an extension passed a few days later.

    “While the Legislature needs to act immediately, New York tenants should know that this state government will have zero tolerance for landlords that seek to exploit those who live in rent regulated units,” Cuomo said in a statement Monday night, two hours before the law expired.

    Still, the slow pace of the negotiations and the approaching deadline prompted a flurry of phone calls to the office of Sen. Adriano Espaillat, a Manhattan Democrat. Espaillat said the procrastination reflected poorly on the Legislature, which has been in session since January.

    “This is also about competence and a functioning democracy,” Espaillat said. “We had six months. We had a couple of years. And we’re here at the 11th hour.”

    De Blasio said there had been an uptick in calls to the city’s 311 information hotline from tenants asking about the expiration. He said the city was prepared to take steps against landlords who tell tenants their leases are no longer in effect because of the law’s expiration.

    “The hour of decision has come, and it is time for Albany to act,” he said. “All Albany had to do was recognize that this deadline was coming — years in the making this deadline was coming — and by this deadline extend rent regulation and strengthen it.”

    The Assembly voted Monday to renew the law for 48 hours so negotiations on a compromise could continue. The Senate and the Assembly remain far apart on a deal. By evening, the Senate had not announced plans to consider the 48-hour extension passed by the Assembly.

    The Assembly’s Democratic majority passed a plan in May that would renew the rules for four years, restrict rent increases in vacant apartments and repeal a provision in the current law allowing some apartments to be deregulated when they become vacant.


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    14 Comments
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    ralph1527
    ralph1527
    8 years ago

    Why isn’t there “mass hysteria ” when the RE taxes ,water & sewer ,insurance ,gas,& electric are increased ?????? Mr Mayor we are calling on YOU to put a freeze on RE taxes ,& water & sewer .That will be a good start !!!!

    8 years ago

    Kol hakovod to the incompetent politicians in Albany for letting these outdated rent control laws expire. Let the market set rent levels. We don’t regulate the prices of minivans, challah, chulent or streimlach. If you can’t afford to live in Willy or BP, than move to Monsey or Lakewood,Shlahbotkeville or Yenavelt but don’t expect landords to subsidize your NYC lifestyle if you can’t afford to live here.

    lavrenty
    Active Member
    lavrenty
    8 years ago

    good let the market control it not Marxists.

    Boochie
    Boochie
    8 years ago

    Let’s hope for good, its about time the city state got rid of rent control

    ayoyo
    ayoyo
    8 years ago

    Wait just a minute ,rent controls, are off what about all of the public housing in the city. The east river side of manhattan is almost all filled with public housing . The real estate moguls can’t wait to get their hands on this property.

    allmark
    allmark
    8 years ago

    About time. Rent control is stealing from owners.

    Rafuel
    Rafuel
    8 years ago

    Eliminating rent control is the only realistic way to have rent costs stabilize at some reasonable level and it would happen in 5-7 years. By in the NYSSR, this is not going to happen. I would be surprised if before this week’s end politicians don’t come up with yet another giveaway in the form of rent control to the constituents who lack intellect to understand how it is harming them, at the expense of the decent productive members of society, of whom there are fewer and fewer in NYSSR with every year.

    8 years ago

    The more units there are on the market, the more competition there will be, thereby forcing prices to come down. There will be a glut of about 1.5mm units coming on the market which will need to get rented. Supply and demand anyone? ???

    PaulinSaudi
    PaulinSaudi
    8 years ago

    At the very least, it will be interesting to see what happens without rent controls. I think of it as an experiment. Will the market increase the housing stock? Will rents soar? Let’s find out.