Sentences with phrase «repealing vacancy decontrol»

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.

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

Despite the qualifier, it represented a change of position for Espada who, in a September session with reporters in his office, said he didn't support repealing the vacancy decontrol and instead wants to focus on creating more incentives for developers to construct affordable housing.

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.

According to reports, however, the deal doesn't repeal vacancy decontrol, the biggest threat by far to the entire rent - controlled and stabilized system.

A group of City Council members, led by Christine Quinn, announced the introduction of legislation yesterday to make the state legislature repeal vacancy decontrol, and kill the law allowing Albany to set rent regulations for the city.

The conclave did pass a resolution urging Democratic legislators to repeal vacancy decontrol, a process by which rent - regulated apartments join the open market if they exceed a certain rent levels.

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.

Advocates disputed media reports that efforts to reform 421 - a and repeal vacancy decontrol — two priorities of Mayor de Blasio — were dead, as a report found a huge loss of affordable apartments from 2002 to 2014.

Not exact matches

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.

While the statement was qualified, it's a more tenant - friendly position than the Democratic governor has held in the past and a change from earlier this month, when Cuomo said vacancy decontrol could be «improved,» but «I don't think you ever get to repeal.»

So Krueger and other senators pushed for repeal of a law, known as vacancy decontrol, that removed limits on rent hikes for apartments where tenants moved out and the rent exceeded $ 2,000 a month (now $ 2,700).

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.

«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.»

If vacancy decontrol were repealed, affordable apartments would be available to the next generation of New Yorkers.

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.

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.

The Assembly measure would repeal what's known as «vacancy decontrol.»

Perhaps the most contentious part of the Assembly plan is a push to repeal a provision that allows apartments with monthly rents of at least $ 2,500 to become decontrolled upon vacancy.

The state's expiring rent regulations could get the same treatment — though the new Assembly speaker, Carl Heastie, says he's going to make a stand for tenant - friendly changes like the repeal of «vacancy decontrol,» which allows landlords to charge market - rate rents after an apartment's price rises above $ 2,500 per month.

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.

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.

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.

«We would really love to see the repeal of vacancy decontrol,» Goldstein said.