Sentences with phrase «deregulating apartments rent»

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Other things the landlords wanted, but didn't get, were a longer time - frame for the rent - regulations extension (a full eight years, versus the four they got), and legislation that would address the 2009 Court of Appeals decision on Roberts v. Tishman Speyer, which ruled that apartments could not be deregulated if they received J - 51 incentives for property improvements.

They «included the creation of a Tenant Protection Unit that protects rents from unscrupulous landlords and returned more than 37,000 unlawfully deregulated apartments to rent regulation.

As one landlord told ProPublica, if a rent - stabilized tenant gets a discount, «it's the same as having a deregulated apartment.»

Tenant activists said the structure of the rent deal would lead to more deregulated apartments, but most of the Democratic legislators who stood with them noted regulations did not lapse, and said some steps were taken to slow the losses.

With only a few days left Democratic legislators and progressive groups say Cuomo has to use his power to buck Skelos and pass a rent law that extends controls and dramatically strengthens the law to make it harder for landlords to deregulate apartments.

During the last four years, the TPU has successfully returned 50,000 improperly deregulated apartments in NYC to rent regulation and restored more than $ 2.25 million in overcharged rent to tenants.

The details of the so - called «framework» are as follows: much to the dismay of die - hard tenant - advocates, vacancy decontrol is staying, and landlords will still be allowed to deregulate apartments when tenants» monthly rent and annual household income reach certain thresholds.

The tentative deal among legislative leaders raises the rent threshold at which a vacant apartment can be deregulated from $ 2,500 a month to $ 2,700.

Stewart - Cousins is the main sponsor of legislation that would repeal a provision allowing landlords to deregulate apartment units if they remain vacant or if rent surpasses $ 2,500 a month, according to the newspaper.

«What we need to do is terminate vacancy deregulation,» Lasher said of the ability of landlords to raise rents and deregulate apartments when units become vacant.

One major reason apartments exit the rent regulation system is because they are subject to something called «vacancy decontrol,» which allows landlords to deregulate a unit when a tenant leaves and the rent reaches $ 2,500 a month, up from $ 2,000 a month in 2011.

Since inception, the TPU has returned more than 40,000 apartments that had been illegally deregulated to rent regulation.

DiNapoli blamed the drop — less than 1 percent of all rent - regulated apartments — largely on late - 1990s measures that allow landlords to deregulate units after they go vacant or when the monthly rents on the units surpass $ 2,000.

Espaillat, whose district has the most rent regulated apartments in Manhattan, joined state Sens. Liz Krueger and Daniel Squadron last week in releasing a YouTube video that warns about the dangers of the having «over 1 million apartments deregulated.»

Because of this, de Blasio has called not only for an extension of the laws but a strengthening to end things such as vacancy decontrol, which allows landlords to deregulate a vacant apartment when the rent reaches $ 2,500 per month.

Tenants in Bronx Apartment Building Sue 421 - a Landlord in NYS Supreme Court Over Illegal Rents and Attempts to Deregulate Apartments Eighteen tenants from a Bronx apartment building sued their landlord in NYS Supreme Court today, challenging the owner's unlawful attempts Apartment Building Sue 421 - a Landlord in NYS Supreme Court Over Illegal Rents and Attempts to Deregulate Apartments Eighteen tenants from a Bronx apartment building sued their landlord in NYS Supreme Court today, challenging the owner's unlawful attempts apartment building sued their landlord in NYS Supreme Court today, challenging the owner's unlawful attempts -LSB-...]

Tenant activists and Democrats — including Governor Andrew Cuomo — questioned the bill because it requires income verification for tenants of rent - regulated apartments and makes no change in vacancy decontrol, the process by which apartments become deregulated when their monthly rent tops $ 2,500.

Democrats have also slammed Young for pushing what they called «nightmare» legislation to eliminate the requirement that rents must reach $ 2,000 a month before an apartment can be deregulated.

The Real Estate Board, which is dominated by Manhattan developers, concentrated on extending the 421 - a tax abatements, while the Rent Stabilization Association, which represents mostly landlords in the boroughs outside Manhattan, was focused on fending off attempts to eliminate regulations allowing landlords to deregulate apartments and escalate rents.