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Rent regulation in New York. Rent regulation in New York is a means of limiting the amount of rent charged on dwellings. Rent control and rent stabilization are two programs used in parts of New York state (and other jurisdictions). In addition to controlling rent, the system also prescribes rights and obligations for tenants and landlords.
If you moved into your rent-stabilized apartment between June 24, 2011 and June 14, 2015, your rent could fall under $2,500. Legally, a rent-stabilized apartment in NYC can have a monthly rent ...
The short answer is yes, but for a small service fee. If your landlord or property manager accepts credit card payments for rent, you’re lucky because you likely won’t incur a ton of fees. You ...
Renting in place is the new aging in place. “Renters are staying put longer,” according to Redfin, which found 16.6% of renters stayed in their homes for 10 years or more in 2022.Similarly, 16 ...
The New York State Division of Housing and Community Renewal ( DHCR) is an agency of the New York state government [1] responsible for administering housing and community development programs to promote affordable housing, community revitalization, and economic growth. Its primary functions include supervising rent regulations through the State ...
New York State has had the longest history of rent controls, since 1920. New York City contains the majority of units covered by rent control. Rent control laws have stayed on the books for decades in New York because of an inadequate supply of "decent, affordable housing". The worsening in the rental market led to the enactment of the Rent Stabilization Law of 1969, which aimed to help ...
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