Bill > A01959

This bill addresses the reregulation of rental units in New York City that were previously under rent control or rent stabilization but were improperly deregulated. Specifically, the bill mandates that any rental units which were previously rent-controlled or rent-stabilized and have been deregulated, except for those deregulated through legally permitted means, must be returned to their original rent-controlled or rent-stabilized status. The legislation applies to both the New York City Administrative Code and the Emergency Tenant Protection Act, ensuring that landlords cannot circumvent tenant protection laws by inappropriately removing units from rent regulation. The bill will take effect 60 days after becoming law, providing a mechanism for tenants in improperly deregulated units to regain their previous protections against unrestricted rent increases. This legislation aims to preserve affordable housing and protect tenants from potential exploitation by property owners seeking to maximize rental income by removing units from regulatory oversight.

Housing and Urban Affairs

https://www.nysenate.gov/legislation/bills/2025/A1959