New York State Senators and Assembly members (or their representatives) in attendance signed a statement pledging to address
repeal of vacancy decontrol with their chamber's Speaker, Housing Chair, and the Governor by January 10, 2009.
The activists have called for changes to rent regulations to stop or slow the
process of vacancy decontrol, under which landlords can remove apartments from regulation when rents cross a certain threshold.
Mr. de Blasio specifically called for the
end of vacancy decontrol, a law that allows property owners to take apartments off the rent - regulated list when they go vacant.
Cynthia will work with state lawmakers to create and pass legislation to re-regulate all of the apartments that are still rentals and were lost as a
result of vacancy decontrol.
But the fact is that political achievement was overshadowed by what tenant advocates did not get in the final deal: an
abolition of vacancy decontrol, or a repeal of the Urstadt Law, which would have returned control of New York City rent stabilization policy to the city.
The study estimates that 10 thousand rent regulated apartments are lost each year in New York City, mostly
because of vacancy decontrol (a part of the law that allows apartments to come off of rent stabilization if it is vacant.
«And it continues the incentive for landlords to destabilize peoples home and communities and neighborhoods so they can get to the
bonanza of vacancy decontrol.»
Golden has at times insisted that the
problem of vacancy decontrol — where landlords claim to make repairs to vacant apartments to price them out of rent control — is not a real problem in his district but instead a worry for Manhattan legislators.
This weekend, the governor published an opinion piece in the Daily News reiterating his call for stronger tenant protections, including the possible
elimination of vacancy decontrol, or, at the very least, «significantly» raising vacancy decontrol thresholds.
Tenants involved with each of these organizations shared personal stories and reflections on the
impact of vacancy decontrol on their struggle to maintain apartments in neighborhoods throughout New York City.
Sources said three - way talks were tipping closer to the Senate's plan for rent regulations — which would renew them for eight years but keep in place
provisions of vacancy decontrol, a scourge of tenant advocates that takes apartments out of the program when their monthly rent rises above $ 2,500.
The Senate's rent regulation bill appears to be more favorable to landlords, because it makes no changes to the
process of vacancy decontrol, by which apartments are unregulated when their monthly rent crosses a certain threshold.
Last week, the Democratic - led Assembly approved their own version of a rent control regulation extension, which also included an end to the
practice of vacancy decontrol, a proposal that's unlikely to find support among Senate Republicans.
But Republican lawmakers, adverse to potentially enhancing the laws through a repeal or
modification of vacancy decontrol, at the very least expect the system to continue.
Markus, who served as chair for 13 years and is now a managing director at Goldman Sachs, called for the
end of vacancy decontrol, Capital New York reported.
A repeal
of vacancy decontrol is not expected to win few friends in the majority GOP conference as rent control is due to expire on Monday.
Assembly Democrats this afternoon approved their own preferred version of a rent control extension which strengthens the regulations and ends the practice
of vacancy decontrol.
«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.»
Democrats and tenant activists are trying to repeal or significantly modify the process
of vacancy decontrol, under which apartments fall out of regulation when their monthly rent exceeds $ 2,500.
The rent regulation bill appears to be more favorable to landlords than to tenant activists because it makes no changes to the process
of vacancy decontrol, by which apartments are unregulated when their monthly rent crosses a certain threshold.
Cuomo has not answered questions about the closed - door talks this week, but said he favors a repeal
of vacancy decontrol «or at the very least» changes.
Republicans passed a bill extending rent regulations for eight years, but leaving intact the process
of vacancy decontrol, where apartments fall out of regulation when their monthly rent tops $ 2,500.
The Senate bill made no changes to the process
of vacancy decontrol, by which regulated apartments fall out of the system when their monthly rent tops $ 2,500.
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.
I want someone pro-tenant down the line — most importantly the repeal
of vacancy decontrol.
Tenant groups wanted the repeal
of vacancy decontrol, a policy that allows landlords to remove rent - regulated apartments from the program if they become unoccupied.
«We would really love to see the repeal
of vacancy decontrol,» Goldstein said.