Rent Control In New York
Rent Regulation in New York State takes the form of rent control and rent stabilization programs. Each city in the State of New York, USA may choose whether to participate or not, and as of 2007, 51 municipalities participated in the program, including Albany, Buffalo, and New York City, where over one million apartments are rent-regulated. In New York City, only buildings with six or more apartment are subject to rent stabilization.
In 1920, New York adopted Emergency Rent Laws, which effectively charged the courts of New York State with their administration. When challenged by tenants, rent increases were reviewed by a standard of "reasonableness." The definition of reasonableness was subject to judicial interpretation. Certain apartments were decontrolled beginning in 1926, and the Rent Laws of 1920 expired completely in June 1929, though limited protections against unjust evictions were continued.
New York's current rent control program, which began in 1943, is the longest-running in the United States. New York City is the only large city in the United States that has strong rent control laws. From 1943 to 1950, rent control was administered by the federal government. It has been administered by state government since 1950, although state and city agencies shared administrative work from 1962 to 1984.
Rent regulation affects rent increases and prescribes rights and obligations for tenants and landlords.
Read more about Rent Control In New York: Rent Control, Rent Stabilization
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