Sentences with phrase «increase the vacancy decontrol»

The bill would increase the vacancy decontrol threshold — the point at which empty apartments can go to market - rate rent — from $ 2,500 to $ 2,700.

Not exact matches

I support repealing vacancy decontrol, or at the very least, raising the cap to a minimum of $ 3000 and peg future increases to the rate of inflation.

Vacancy decontrol is not done away with but the guidelines for it have increased.

Democratic leaders did allow two bills to reach the floor for votes that year: a Krueger measure to stop landlords from collecting rent increases retroactively, and a bill by Manhattan Senator Daniel Squadron requiring owners to document rent increases used to justify vacancy decontrol.

According to the sources, the Assembly is trying to increase the amount of the threshold for vacancy decontrol to $ 3,000 a month, though a spokesman for Cuomo denied that was the case.

Capital NY's Laura Nahmias reported earlier this afternoon that some Assembly Democrats are pushing for changes to the rent agreement, including an increase in the threshold for vacancy decontrol, though the governor's office denied that was the case.

The four - year extension of the state's rent control laws will also include an increased threshold of vacancy decontrol to $ 2,700 with indexing.

Juan Gonzalez singles out Bronx State Senators Pedro Espada and Jeff Klein for indicating that they won't support the millionaire's tax or to increase the threshold vacancy decontrol rent from $ 2,000 to $ 5,000.

«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.»

To do that, the Assembly has put forth a bill that would repeal vacancy decontrol and increase high income and high rent deregulation thresholds to $ 300,000 and $ 3,000, respectively, among other expansions of the current laws.

An increase in the rent threshold at which apartments become market - rate, indexed to rise each year, is a step forward, but it only slows the bleeding — and is well short of de Blasio's target, ending vacancy decontrol completely.

Entitled, «The New Housing Emergency,» the report (in full below) says loopholes in the city's current rent - stabilization rules — like vacancy decontrol and rent increases due to renovations — result in the loss of more than 10,000 rent - regulated apartments per year.

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.

Ms. James, a Brooklyn Democrat, laid out an aggressive agenda to curtail the powers of landlords, including an end to vacancy decontrol for units in the rent control system, a ban on property owners from increasing rents on vacant units, and a repeal of the Urstadt Law that puts the city's rent laws in the hands of the State Legislature.

Senate Republicans are not interested in repealing vacancy decontrol or increasing the threshold.

It also would slightly increase the rent threshold at which apartments that become vacant can be removed from rent regulation, a process known as vacancy decontrol.

De Blasio has proposed changes including ending «vacancy decontrol,» which allows an apartment to become market - rate after the rent passes $ 2,500, and making rent increases from renovation costs temporary instead of permanent.

While the bill will be sent to the Republican - led state senate for consideration, Heastie hailed the legislation as combating «ever - increasing rents» through measures that include the repeal of vacancy decontrol and limiting rent increases associated with building or apartment improvements.