Sentences with phrase «under rent stabilization»

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

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

The bill would also allow former Mitchell - Lama and Section 8 buildings to fall under rent stabilization.

The group had been the subject of actions brought by New York Attorney General Robert Abrams for noncompliance with its duties under the rent stabilization laws.

«This governor has spent his entire career in public service fighting homelessness and building affordable housing and it's under his leadership that New York is implementing an unprecedented $ 20 billion anti-homelessness and housing problem, twice strengthened rent protections with Assembly Democrats and created a tenant protection unit that placed more than 6,000 buildings and 61,000 units back under rent stabilization,» said spokesman Rich Azzopardi.

A spokesperson for Cuomo says he has twice strengthened rent protections and created the first of its kind tenant protection unit that placed more than 6,000 buildings and 61,000 units back under rent stabilization, and $ 550 million for NYCHA.

Not exact matches

Longtime IPN tenants currently have some rent protections, but many pay more than they would under rent - stabilization.

«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.»

... 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.»

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.

Rent stabilization laws last came under review in 2011 and, since then, more than 35,000 affordable units have left the system, according to city officials.

RSA PAC, the political committee of the landlord group Rent Stabilization Association, spent more modestly than REBNY in the period, reporting just under $ 89,500 in expenditures.

This loophole in the rent stabilization laws, made under George Pataki, has caused 300,000 affordable homes to be lost from our housing stock.»

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.

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

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