State law requires rent stabilization laws to be renewed periodically based on housing vacancy rates. On March 10, 2022, the City Council voted to extend the City’s Rent Stabilization Law by providing more time to gather data to ensure the rent stabilization law is still necessary. The bill, Int. 70, was sponsored by Council Member Pierina Ana Sanchez.
Search Results for: Rent Stabilization
Council Committee Holds Hearing on Rent Stabilization Extension [UPDATE: Legislation Passes Council]
Legislation would extend rent stabilization laws for three years and call on state legislature to strengthen existing laws. On March 2, 2015 the City Council Committee on Housing and Buildings held a public hearing on Intro 685, a proposed law to amend the city’s administrative code and extend New York City’s existing rent stabilization laws. Intro 685 declares the existence of a “housing emergency”, where the city’s vacancy rate drops below 5 percent, and … <Read More>
Council Votes to Create Supportive Housing Tenants’ Bill of Rights, Reporting Requirements
The bill of rights provides tenants with necessary rights and information to help them maintain their housing. On December 9, 2021, the City Council voted to approve two bills related to supportive housing. Supportive housing is a form of affordable housing with on-site social and supportive services targeted primarily at formerly homeless households. The bills, both sponsored by Council Member Stephen Levin, create a supportive housing tenants’ bill of rights and require the Department of … <Read More>
Proposed Changes to Landmarks Law Garner Interest, Stir Controversy
Landmarks Chair testified that changes could be better promulgated through agency rule-making rather than by legislative fiat. On September 9, 2015 the City Council held a hearing on two potential bills that would alter the Landmarks Law section of the Administrative Code. The hearing drew a crowd that filled the main Council chamber, with over 100 people filling out forms to testify on the proposals.
Public Housing Committee Holds Oversight Hearing on NYCHA Private Investment
NYCHA Chairwoman Shola Olatoye answered questions on the Triboro Preservation Partners agreement. On February 10, 2015 the City Council Committee on Public Housing held an oversight hearing on Triborough Preservation Partners, a public-private agreement between the New York City Housing Authority, L+M Development Partners, and BFC Partners. The venture was designed to rehabilitate six of NYCHA’s Section 8 properties containing nine hundred units: Bronxchester Houses, Saratoga Square, Campos Plaza, Milbank-Frawley, East 4th … <Read More>
City Officials Agree to Tougher 421-a Enforcement
The City Council, Public Advocate and administration officials agree that new measures should be taken to ensure 421-a compliance, proposed legislation is a good start. On November 22, 2016, the City Council’s Committee on Housing and Buildings and Committee on Finance held a joint hearing on the City’s enforcement of 421-a requirements. The meeting also served as a public hearing for three proposed bills to strengthen enforcement efforts.