Rent Control Regulations

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Commonly Asked Questions about Rent Control Regulations

What are the rights of rent stabilized tenants in NYC?

Rent Stabilization Tenants in rent stabilized apartments are entitled to required essential ser- vices and lease renewals, and may not be evicted except on grounds allowed by law. Any apartment with a monthly rent of $2,500 or more per month becomes deregulated when it becomes vacant.

How does an apartment become destabilized in NYC?

With the current rent laws, destabilization (also called vacancy decontrol) may happen when a rent-stabilized apartments monthly rent exceeds $2,700 while the apartment is vacant.

How do tenants qualify for rent control in NYC?

To qualify for rent control, a tenant must have been continuously living in an apartment since July 1, 1971, or be a qualifying family member who succeeded to such tenancy. When vacant, a rent-controlled unit becomes rent stabilized, except in buildings with fewer than six units, where it is usually decontrolled.

How much can my landlord raise my rent in NY?

Key Takeaways. A new law affecting renewals of rent-stabilized housing will benefit NYC landlords in 2024, allowing property owners to increase the rent up to 3% upon renewal for a one-year lease. For a two-year lease, landlords can raise the rent up to 2.75% after the first year and 3.20% for the second year.

What is the difference between rent stabilized and rent control in NY?

Rent control is the older of the two systems of rent regulation. It dates back to the housing shortage immediately following World War II and generally applies to buildings constructed before 1947. Rent stabilization generally covers buildings built after 1947 and before 1974, and apartments removed from rent control.

How does rent control work in New York?

Under this system, the Division of Housing and Community Renewal (DHCR) determines a maximum base rent and a maximum collectible rent for each individual apartment. Adjustments to the maximum base rent are made every two years to reflect changes in operating costs.