Rent Regulation NYS & NYC

By td4200
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    WWI

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    NYC Great Rent Wars

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    NYC New Construction Boom

    Construction in NYC rises from 95 new buildings per year to 4,600 or 1,000 units to 107,000 units. Vacancy rate increases
  • State Rent "April Laws": 25% Cap Existing Renters

    State Rent "April Laws": 25% Cap Existing Renters
    State passes 25% Rent Cap for Existing Renters Pre-10/1/1920. Did not protect new renters, causing a potential mass rush of 60,000 evictions 10/1.
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    State Rent Regulation I

  • State Emergency Rent Law (ERL): Reasonable Rent Increases & Renewals

    State Emergency Rent Law (ERL): Reasonable Rent Increases & Renewals
    State passes court review of reasonable rent increases, shifting burden on landlords & standards to make denial of renewals more difficult.
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    State Deregulation: Removes more buildings

  • State Rent Laws Expire: NYC Housing Emergency "Ends" Unofficially

    Vacancy Rate Above 5% to ~8%
  • NYC Board of Alderman (Council) Fail to Adopt Local Rent Control

    NYC Board of Alderman (Council) Fail to Adopt Local Rent Control
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    WWII

  • Federal Emergency Price Control Act (EPCA) of 1942

    Federal Emergency Price Control Act (EPCA) of 1942
    Creates the Office of Price Administration to impose by regulation or order a maximum price generally fair and equitble to effecuate the act.
  • Federal OPA Freezes NYC Rents Retroactively

    Federal OPA Freezes NYC Rents Retroactively
    Office of Price Administration freezes NYC rents to March 1, 1943
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    Federal Rent Regulation

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    State Take Over of Rent Regulation II: Rent Control

  • State Emergency Housing Rent Law: State Commission to Administer

    State Emergency Housing Rent Law: State Commission to Administer
    Ch. 274 of 1946 & Ch. 704 1947, applies to buildings built before 2/1/1947; DHCR empowered to administer regulation in the event federal regulation ends
  • Federal Price Control Extension Act 1946: Price Controls Phase Out

    Federal Price Control Extension Act 1946: Price Controls Phase Out
    Price Controls to Phase Out no later than 6/30/1947
  • Federal Housing & Rent Act 1947: No Regulation on New Buildings 2/1/1947

    Federal Housing & Rent Act 1947: No Regulation on New Buildings 2/1/1947
    Replaces Emergency Price Control Act. Regulation only on buildings built before 2/1/1947. Allows States to take over.
  • State Rent Regulation II: "Rent Control"

    State Rent Regulation II: "Rent Control"
    Ch. 704 1947, applies to buildings built before 2/1/1947
  • Federal Housing & Rent Act of 1949: Federal Regulation to Phase Out

    Federal Housing & Rent Act of 1949: Federal Regulation to Phase Out
    Phase Out Federal Regulation if State Takes Over or Deregulates
  • State Sets Rent Control Base Date for 3/1/1950- 6 Mo Rent Freeze

    State Sets Rent Control Base Date for 3/1/1950- 6 Mo Rent Freeze
  • Federal Deadline for State Take Over

    Federal Deadline for State Take Over
  • State Joint Legislative Committee to Study Rents & Rental Conditions

    State Joint Legislative Committee to Study Rents & Rental Conditions
  • State Rent Regulation III: Enabling Law (ERHCL) Rent Control Legislation for NYC Opt-in

    State Rent Regulation III: Enabling Law (ERHCL) Rent Control Legislation for NYC Opt-in
    State passes CH 337 of 1961 Emergency Housing Rent Control Law (EHRCL) ends state run Rent Regulation permitting NYC to Enact Local Rent Control Law
  • NYC Rent Regulation: Local Emergency Housing Rent Control (LEHRCA)

    NYC Rent Regulation: Local Emergency Housing Rent Control (LEHRCA)
    NYC passes Local Law to continue Rent Control administered by the local housing agency
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    NYC Local Take Over of Rent Regulation Administration

  • NYC Rent Stabilization Law (RSL): Creating Second Rent Regulation System (~400k)

    NYC Rent Stabilization Law (RSL): Creating Second Rent Regulation System (~400k)
    NYC passes LL 16 creating a second rent regulation system Rent Stabilization in addition to Rent Control for buildings built post 2/1/1947. Lease based enforcement, right to renew leases, and creates NYC Rent Guidelines Board (RGB) to adjust rents based on price index of operating costs, infation, revenue and other factors. Enrollment & compliance voluntary,failure to register with Rent Stabilization Association (RSA) default to rent control regulation instead. 98% of owners registered w/n 6mo
  • NYC Local Rent Control: Min Base Rent (MBR) Set

    NYC Local Rent Control: Min Base Rent (MBR) Set
    LL 30 of 1970 Set a minimum base rent or floor for rent controlled units- 15% increases, with phase in until MBR was reached (later max base rent). Following that, there was a NYC campaign to repeal the local law leading to additional state action
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    State Backlash to NYC Local Actions

  • State Urstadt Law: Localities Barred from More Stringent Regulaitiona

    State Urstadt Law: Localities Barred from More Stringent Regulaitiona
    Ch 372 of 1971 State Urstadt Law: Localities Barred from More Stringent Regulation
  • State Deregulation: Vacancy Decontrol

    State Deregulation: Vacancy Decontrol
    L 1971, ch 371, as amended by L 1971, ch 1012. Gov Rockefeller argued the limitations on the rent stock through regulation stymied NYC housing construction.
  • State Temporary Commission on Living Costs & Economy

    State Temporary Commission on Living Costs & Economy
    State Commission recommends repeal of vacancy decontrol that led to spikes in rent
  • No New Regulated Buildings (except added by 421a, J51 or other tax/program)

    No New Regulated Buildings (except added by 421a, J51 or other tax/program)
  • State Rent Regulation IV: Enabling Emergency Tenant Protection Act (ETPA) of 1974

    State Rent Regulation IV: Enabling Emergency Tenant Protection Act (ETPA) of 1974
    State passes ETPA Ch. 576 of 1974 replacing ERHCL- permits localities to declare a housing emergency where vacancy rates are less than 5% - led to re-regulating the 400k 1971 decontrolled units and an expansion of Rent Stabilized units. NYC, Nassau, Rockland, and Westchester counties may opt-in
  • State Retakes Administration: Omnibus Housing Act of 1983 Amends ETPA

    State Retakes Administration: Omnibus Housing Act of 1983 Amends ETPA
    State amends ETPA Ch 403 of 1983 to retake control of rent regulations, removing local administration and restores DHCR as the state regulator statewide. Creates Rent Stabilization Code. Requires landlords to register with DHCR in rent stabilization - removing LL voluntary process
  • State DHCR Rent Regulation Review by Governor EO #67

    State DHCR Rent Regulation Review by Governor EO #67
  • State Impasse: Short Extension

    State Impasse: Short Extension
  • State Deregulation: Luxury Decontrol & High Rent Decontrol in Rent Regulation Act 1993

    State Deregulation: Luxury Decontrol & High Rent Decontrol in Rent Regulation Act 1993
    Ch. 253 of 1993 State introduces: luxury decontrol: creating a high rent deregulation threshold ($2000), and a income based threshold (combined income > 250k) for deregulation; Codifies Individual Apartment Improvements 1/40
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    Aligned Republican Governor & Senate

  • Joint Commission on Rental Housing

    Joint Commission on Rental Housing
  • State Impasse: Rent Laws Expire

    State Impasse: Rent Laws Expire
  • State Deregulation: Vacancy Bonus, Low Rent Bonus, Longevity Bonus, Easier Luxury Decontrol

    State Deregulation: Vacancy Bonus, Low Rent Bonus, Longevity Bonus, Easier Luxury Decontrol
    Senate Republicans trigger deregulation compromises in Rent Regulation Reform Act of 1997 that:
    lowers the income threshold for decontrol to $175,000 from $250,000
    allow landlords to increase rents between vacancies "vacancy bonuses"
    allow low rent unit & longevity increases
    succession rights
    criminal & civil anti-harassment
    Overcharges SOL 4 yr lookback
    demolitions ~878,000 rent stabilized & 70,000 rent
    controlled New York City housing units and 47,000 rent stabilized units outside the City
  • State Deregulation: DHCR amends Rent Stabilization Code

    State Deregulation: DHCR amends Rent Stabilization Code
  • State Impasse: Rent Laws Expire After 4 One Day Extenders

    State Impasse: Rent Laws Expire After 4 One Day Extenders
    Without agreement - the deadline 7/15/03 was pushed to 7/19/03 with one day extenders, and then expired.
  • State Deregulation: Senate Pass Gov Prog Extension & Assembly Concedes

    State Deregulation: Senate Pass Gov Prog Extension & Assembly Concedes
    Ch 82 of 2003
    8 Year Extender to 6/15/2011
    Limited NYC Council Regulation
    Retained decontrols
  • State Impasse: Short Extenders

    State Impasse: Short Extenders
    Ch 78 (5 days) ,and 79,80,93 (1 Day) of 2011
  • State Regulation: Extension & Modest Enhanced Regulation

    State Regulation: Extension & Modest Enhanced Regulation
    Ch 97 of 2011
    raises the deregulation threshold to $2500 from $2000
    raises luxury decontrol from $175,000 to $200,000 in the 2 preceding years
    IAIs reduced from 1/40 to 1/60
  • State Impasse: Short Extension

    State Impasse: Short Extension
    Ch 19 of 2015
  • State Regulation: Extension & Modest Amendment

    State Regulation: Extension & Modest Amendment
    Rent Act of 2015
    Raises deregulation threshold to $2,700
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    Democratic Rule

  • State Regulation V HSTPA: Rent Laws Permanent & Statewide -Removes Decontrol

    State Regulation V HSTPA: Rent Laws Permanent & Statewide -Removes Decontrol
    Eliminates decontrols:
    vacancy decontrol
    luxury decontrol
    high rent decontrol
    vacancy bonus
    longevity bonus
    curtails MCIs and IAIs
    6 year overcharge lookback
    Preferential rent is a base rent for length of tenancy
  • State Rulemaking on HSTPA Adopted

    State Rulemaking on HSTPA Adopted