Bill > A04334

This bill addresses rent reduction for tenants in buildings with submetered utility services. Specifically, the bill requires that tenants living in buildings with submetering (a system where utilities are individually measured for each unit but managed centrally) receive a rent reduction equal to the amount of utility costs they are now responsible for paying separately from their base rent. The Division of Housing and Community Renewal (DHCR) is mandated to review and establish standard rent reductions for submetered properties within 90 days of the bill's effective date, with the authority to increase reductions if deemed necessary. Additionally, the bill directs DHCR to create an appeals process that allows tenants to challenge their rent reduction if they believe the reduction does not accurately reflect their actual utility costs. This legislation aims to provide financial protection and transparency for tenants when utility costs are separated from their standard rent payments, ensuring they are not overcharged and have a mechanism to dispute potential discrepancies.

Housing and Urban Affairs

https://www.nysenate.gov/legislation/bills/2025/A4334