Sentences with phrase «vacancy deregulation»

Vacancy deregulation means removing rules or regulations that control the prices or conditions of housing when there are empty or available rental properties. This allows landlords to set their own prices and terms without government restrictions. Full definition
He would repeal vacancy deregulation as a way of protecting New York City's stock of rent stabilized housing.
Above all, the mayor has failed to use his bully pulpit to push for repeal of Vacancy Deregulation and other loopholes in the rent laws that have cost the city far more affordable apartments than he can ever build.
● High Rent Vacancy deregulation threshold ● Major Capital Improvements ● Vacancy Allowance and Preferential Rents ● Harassment ● New Buyout ● Legislation ● TPU Updates ● Regulation challenges
That included requiring tenants to pay rent into an escrow account during disputes with landlords, making it easier for tenants to get evicted and perhaps most significantly enshrining into State law vacancy deregulation.
In a release, the Medina campaign reached back to 1994, when Dilan as a member of the City Council voted for vacancy deregulation.
«Several members — mostly freshmen — have said they couldn't vote for the package, mainly because it does not eliminate vacancy deregulation,» he said.
«What we need to do is terminate vacancy deregulation,» Lasher said of the ability of landlords to raise rents and deregulate apartments when units become vacant.
The most consequential — which was sponsored by Democratic Conference Leader Andrea Stewart - Cousins and had three IDC co-sponsors — would repeal so - called vacancy deregulation.
Vacancy deregulation allows landlords to remove apartments from rent regulation if they become vacant and the legal regulated rent reaches $ 2,500.
«The most important thing to tenants this year is [repealing] vacancy deregulation,» said Ilana Maier, program director for the Metropolitan Council on Housing.
The only way he will redeem himself with tenants is by calling for the full repeal of vacancy deregulation
Of major concern this year is high - rent vacancy deregulation.
It is a little discouraging looking at how much of his money comes from real estate and how much tenants in New York City need a victory in strengthening rent laws by repealing vacancy deregulations and doing so many other reforms.»
«Its good that he is out there talking about loss of units but there is no substitute for total repeal of vacancy deregulation and he hasnt quite said that he supports that,» said Michael McKee treasurer of Tenants PAC.
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