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Bill > A05623


NY A05623

NY A05623
Relates to the de-regulation of rent-stabilized housing accommodations; eliminates rent regulation for any regulated housing accommodation that becomes vacant on or after June 16, 2024; makes exceptions.


summary

Introduced
03/20/2023
In Committee
01/03/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the emergency housing rent control law, the local emergency housing rent control act, the emergency tenant protection act of nineteen seventy-four and the administrative code of the city of New York, in relation to the de-regulation of rent-stabilized housing accommodations upon vacancy

AI Summary

This bill relates to the de-regulation of rent-stabilized housing accommodations in New York. It eliminates rent regulation for any regulated housing accommodation that becomes vacant on or after June 16, 2024, with some exceptions. The bill also amends the Emergency Tenant Protection Act of 1974 to exempt housing accommodations that become vacant on or after June 16, 2024 from rent regulations and controls, unless the housing accommodations became vacant due to the landlord's intent to cause the tenant to vacate through interference or disturbance.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

referred to housing (on 01/03/2024)

Bill Topics

Community Development and Housing Issues
  • ‐ General Housing and Community Development
  • ‐ Housing and Community Development for Low and Middle Income Persons

bill text


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