Posts Tagged ‘rent stabilization’
Rent-stabilized Apartments That Are Vacant Will Be Repaired By The City
Although some owner groups claim it won’t be enough, the city is establishing a $10 million pilot program to assist landlords in repairing unoccupied, rent-stabilized apartments. According to a statement made on Wednesday by Mayor Eric Adams, the “Unlocking Doors” project would offer up to $25,000 per unit to owners of empty, rent-stabilized units that…
Read MoreNYC Rent Stabilization Rules Surpass Landlord Challenges
A federal appeals court decided on Monday that the tenant-friendly adjustments made to New York City’s rent stability laws in 2019 were constitutional, rejecting two complaints from landlords. The New York City Rent Stabilization Law amendments were upheld by the US Court of Appeals for the Second Circuit on the grounds that they adhered to…
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