Assembly Bill A2246

2015-2016 Legislative Session

Provides for the limitation of rent increases after vacancy of a rent regulated housing accommodation

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Archive: Last Bill Status - In Assembly Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2015-A2246 (ACTIVE) - Details

Current Committee:
Assembly Housing
Law Section:
New York City Administrative Code
Laws Affected:
Amd §§26-510, 26-512 & 26-403.2, NYC Ad Cd; amd §§4 & 6, Emerg Ten Prot Act of 1974; amd §5, Emerg Hous Rent Cont L; amd §1, Chap 21 of 1962
Versions Introduced in Other Legislative Sessions:
2009-2010: A2523
2011-2012: A3128
2013-2014: A4240
2017-2018: A2403
2019-2020: A4229

2015-A2246 (ACTIVE) - Summary

Provides for the limitation of rent increases after vacancy of a housing accommodation under the Rent Regulation Reform Act of 1997 by providing that the statutory allowance in such Act replaces and is in lieu of any other previously authorized vacancy allowance.

2015-A2246 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  2246

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                            January 15, 2015
                               ___________

Introduced  by M. of A. PRETLOW -- read once and referred to the Commit-
  tee on Housing

AN ACT to amend the administrative code of the city  of  New  York,  the
  emergency tenant protection act of nineteen seventy-four, the emergen-
  cy  housing  rent  control  law  and  the local emergency housing rent
  control act, in relation to limiting rent increase  after  vacancy  of
  certain housing accommodations

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subdivision d of section 26-510 of the administrative  code
of  the  city of New York is amended and a new subdivision j is added to
read as follows:
  d. Any housing accommodation covered by this law owned by a member  in
good  standing of an association registered with the department of hous-
ing preservation and development pursuant  to  section  26-511  of  this
chapter  which  becomes  vacant for any reason, other than harassment of
the prior tenant, may be offered for rental at any price notwithstanding
any guideline level established by  the  guidelines  board  for  renewal
leases,  provided  the  offering  price  does not exceed the rental then
authorized by the guidelines board for  such  dwelling  unit  plus  five
percent  for  a  new  lease  not  exceeding two years and a further five
percent for a new lease having a minimum term of three years, until July
first, nineteen hundred seventy[, at which  time  the  guidelines  board
shall determine what the rental for a vacancy shall be].
  J.  NOTWITHSTANDING ANY OTHER PROVISION OF THIS LAW, ON AND AFTER JUNE
SIXTEENTH, NINETEEN HUNDRED  NINETY-SEVEN  THE  ADJUSTMENT  FOR  VACANCY
LEASES  COVERED BY THE PROVISIONS OF THIS LAW SHALL BE DETERMINED EXCLU-
SIVELY PURSUANT TO PARAGRAPH FIVE-A OF SUBDIVISION C OF  SECTION  26-511
OF  THIS CHAPTER.   THE RENT GUIDELINES BOARD SHALL NO LONGER PROMULGATE
ADJUSTMENTS FOR VACANCY LEASES.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD05609-01-5

              

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