Sentences with phrase «if vacancy decontrol»
If vacancy decontrol were repealed, affordable apartments would be available to the next generation of New Yorkers.
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If elected Mr. van Bramer wants to focus his energy on cost of living and affordability issues, including ending vacancy decontrol and expanding rent stabilization.
Both fall short of what Mr. Cuomo, Mayor Bill de Blasio and tenant leaders called for: an end to vacancy decontrol, whereby a property owner may remove an apartment from the rent control program if it becomes unoccupied.
«If we're gonna fight for New Yorkers they we're gonna need to strengthen the rent laws and that means the repeal of vacancy decontrol and the repeal of a lot of the loop holes that have allowed land lords to increase the rent at a rapid rate to get it up to the 25 - hundred dollar threshold where they can deregulate it.»
The conclave did pass a resolution urging Democratic legislators to repeal vacancy decontrol, a process by which rent - regulated apartments join the open market if they exceed a certain rent levels.
Among those alleged «loopholes» are vacancy decontrol — which lets landlords to remove a unit from the rent stabilization program if the tenant dies or relocates — major capital improvement rules, which allows for permanent rent increases to pay for renovations and the preferential rent system, which permits landlords to charge a tenant less than the legally regulated rate for an apartment.
In 2011, the chamber approved changes that exceeded what the Senate would agree to, including repealing vacancy decontrol, which allows landlords to take a unit out of rent stabilization if the legal rent exceeds a certain amount.
«We've already lost 300,000 apartments to vacancy decontrol and if this continues there will be no rent regulated apartments in 15 years and New York will be for the rich and very rich,» Glover added.
Both fall short of what Mr. Cuomo, Mr. de Blasio and tenant leaders called for: an end to vacancy decontrol, whereby a property owner may remove an apartment from the rent control program if it becomes unoccupied.