Posts tagged with "Rent Control"

RENT REGULATION IN NEW YORK CITY

By: Akanksha A. Panicker

An apartment’s unique history determines its legal rent rather than the individual’s ability to pay. This means that tenants in identical apartments may pay exceedingly disparate rent, more so if there is a differentiation between newer tenants and long-term tenants. 

Rent control 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.

What is Rent Regulated Housing?

By: Undisputed Legal/Eviction Service Department

Rent Control 

Rent control limits the rent an owner may charge for an apartment and restricts the right of the owner to evict tenants. The rent control program applies to residential buildings constructed before February, 1947 in municipalities that have not declared an end to the postwar rental housing emergency. Rent control is still in effect in New York City and parts of Albany, Erie, Nassau, Rensselaer, Schenectady, and Westchester counties.