Sentences with phrase «vacancy decontrol where»
De Blasio wanted to eliminate vacancy decontrol where an apartment can be removed from regulation once it reaches $ 2,500 per month.
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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.
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).
«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.»
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.