Sentences with phrase «rent stabilization if»

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.

Not exact matches

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.

According to her website, Hidalgo's priorities if elected would be to strengthen rent stabilization laws and affordable housing solutions, initiate more education programs for local children, and create resources that reduce the drop - out rate in school.

It would be a travesty if the city Los Angeles can pass $ 15 - an - hour minimum wage, and the City of New York leaves the tenants swinging in the wind with the cuts to rent stabilization,» Mr. Sharpton said.

Longtime residents like Windsome Pendegrass are concerned that if the state's rent stabilization laws aren't strengthened, they might weaken the fabric of this vibrant community.

«If City Hall is going to cap the income side of the equation at 1 percent, there must be an equitable 1 percent cap on the expense side — particularly on city - mandated expenses,» Joseph Strasburg, president of the Rent Stabilization Association, said in a statement.

If the court rules in the AG's favor, it could dissolve the co-op and allow rent increases to be governed by rent stabilization laws.

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.

«If we lose the rent law fight this year, we'll walk away with some legislation that could be the end of rent stabilization and really the end of affordable housing in New York City,» Benjamin said.

The state senator on Monday is sending a letter to the New York State Department of Homes and Community Renewal's commissioner RuthAnne Visnauskas urging her to inform tenants if the agency suspects their apartments were illegally removed from rent stabilization under the J - 51 tax abatement program.

If you own rental property in the City of Los Angeles, it may be subject to the city's Rent Stabilization Ordinance (RSO).

Even if your property is not covered under the Rent Stabilization Ordinance, you and your tenants have rights and responsibilities under California Law.

128 DOS 93 Matter of DOS v. Vuksanaj - motion to conform pleadings to proof granted where (i) additional evidence wouldn't have been presented if the charge had been stated in the complaint and (ii) issue was actually litigated and was within the «broad framework of the pleadings»; broker's authorization to execute lease on behalf of landlord must be in writing to be valid (G.O.L. § 5 - 703); no commission earned on void lease (due to lack of written authority for broker to sign for landlord); broker is undisclosed «double agent» - thus «fails to make clear» for which party he is acting (NYCRR 175.7); broker is not «managing agent» under NYC Rent Stabilization Code unless (i) broker has ownership or financial interest in property or (ii) performs managerial duties; separate escrow account (§ 175.1) not required when broker is not holding escrowed funds; holding funds overnight does not trigger requirement for escrow account (returned next day upon demand); unlicensed name used in commission agreement but lack of intent to mislead considered in mitigation; restitution of unearned commission

If it's an older 8 unit in Brooklyn there's a better than 50/50 chance it's under rent stabilization.

Have you checked the online city list to see if it's included in rent stabilization.