Sentences with phrase «rent stabilization program»

While the agreements slightly raised the thresholds for removing an apartment from the rent stabilization program and for passing along the costs of building improvements to tenants, it did not eliminate a landlord's power to yank a unit out of rent control once it becomes unoccupied, a reform Mr. de Blasio and Mr. Cuomo both called for.

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.

New York Communities for Change blames Cuomo for failing to embrace its priorities for tenants, such as ending a practice that allows landlords to raise what is known as preferential rent on apartments in the state's rent stabilization program.

... Although June 15, 2015 is the day that several laws creating our rent stabilization system are set to expire, your legal obligations under existing leases and under the passage of the new rent stabilization program will not expire on that day; and any attempt to circumvent those responsibilities will face the full brunt of the law and all legal consequences.»

«While today may be the legal expiration date for some of these laws, landlords should under no circumstances believe that their responsibility under the current rent stabilization program has expired.»

The new statement reiterates NAR's position that government programs that limit rent increases or impose other rent - related restrictions on landlords unfairly restrict private property rights and it encourages local and state associations of REALTORS ® to oppose legislative measures that allow for rent control or rent stabilization programs.

Under the policy, NAR encourages local and state associations to oppose legislative measures that allow for rent control or rent stabilization programs.

Not exact matches

We would also make sure those that are getting the benefits of rent stabilization when they shouldn't be will be weeded out of the program.»

Mr. Rangel spoke to the Observer shortly after addressing a rally for more tenant - friendly rent stabilization — including the elimination of preferential rents, preventing landlords from removing vacant apartments from the rent control program and making charges for major capital improvements temporary rather than a permanent — in his native Harlem.

Still, the issues remain the same for most Council members, tenant groups and Mayor Bill de Blasio, all whom are hoping to see not just a renewal of rent stabilization but a strengthening of the program.

I will fight for a repeal of the Urstadt Law so we can greatly expand the rent stabilization and rent control programs without the approval of right - wing legislators from Oneonta and Plattsburgh.

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.

Among the proposals in her «Rent Justice for All» program are ending the preferential rent loophole, by which landlords can offer an apartment for less than the legal regulated rent but can revoke this privilege whenever the lease is renewed; expanding rent stabilization statewide to buildings with six or more units, which is currently the law in New York City; and increasing funding to the state's Homes and Community Renewal ageRent Justice for All» program are ending the preferential rent loophole, by which landlords can offer an apartment for less than the legal regulated rent but can revoke this privilege whenever the lease is renewed; expanding rent stabilization statewide to buildings with six or more units, which is currently the law in New York City; and increasing funding to the state's Homes and Community Renewal agerent loophole, by which landlords can offer an apartment for less than the legal regulated rent but can revoke this privilege whenever the lease is renewed; expanding rent stabilization statewide to buildings with six or more units, which is currently the law in New York City; and increasing funding to the state's Homes and Community Renewal agerent but can revoke this privilege whenever the lease is renewed; expanding rent stabilization statewide to buildings with six or more units, which is currently the law in New York City; and increasing funding to the state's Homes and Community Renewal agerent stabilization statewide to buildings with six or more units, which is currently the law in New York City; and increasing funding to the state's Homes and Community Renewal agency.

The report comes just one week before the current «emergency» rent regulations hit their June 15 expiration date and threaten decades - old price controls for over 1 million city apartments under the rent - stabilization program.

The state's Homes and Community Renewal agency, which oversees the rent - stabilization program, logged a nearly 23 percent increase in the number of harassment cases it probed between fiscal years 2013 and 2016.

Rent stabilization laws, which regulate rents for more than one million apartments in New York City, and the 421 - a housing program are scheduled to expire on June 15 unless the Legislature takes action.

The current law allows landlords to remove apartments from the rent - stabilization program once rents reach a certain level and are vacated.

Those include city programs meant to protect and promote rent stabilization, and loans and tax breaks to landlords who keep affordable units or charge elderly and disabled tenants stabilized rents rather than market rates.

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.

Some tenants at Independence Plaza are currently under a program that is similar to rent - stabilization, some receive federal Section 8 vouchers to help them pay their rent and some are market - rate.

The Rent Stabilization Association, the city's largest landlord organization, Friday threw its support behind the plan by Assemblyman Andrew Hevesi (D - Queens) called the Home Stability Support program that is intended to reduce reliance on homeless shelters by creating a new statewide rent subsidy to keep people in their hoRent Stabilization Association, the city's largest landlord organization, Friday threw its support behind the plan by Assemblyman Andrew Hevesi (D - Queens) called the Home Stability Support program that is intended to reduce reliance on homeless shelters by creating a new statewide rent subsidy to keep people in their horent subsidy to keep people in their homes.

In collaboration with national servicers, Fannie Mae, and Freddie Mac, the First Look program is intended to give communities participating in HUD's Neighborhood Stabilization Program (NSP) a brief exclusive opportunity to purchase bank - owned properties in certain neighborhoods so these homes can either be rehabilitated, rented, resold or demolished.Information will be available herprogram is intended to give communities participating in HUD's Neighborhood Stabilization Program (NSP) a brief exclusive opportunity to purchase bank - owned properties in certain neighborhoods so these homes can either be rehabilitated, rented, resold or demolished.Information will be available herProgram (NSP) a brief exclusive opportunity to purchase bank - owned properties in certain neighborhoods so these homes can either be rehabilitated, rented, resold or demolished.Information will be available here soon.

Mr. Dorego hired an army of lobbyists that eclipsed the contingents from either of real estate's two most powerful trade groups — the Real Estate Board and the Rent Stabilization Association — ensuring he had the ear of state officials who oversee important housing rules, including a lucrative tax abatement program set to expire next month.