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>
Search Results for: Rent Regulation
City Council Holds Rally, Public Hearing on Illegal Hotel Legislation
The proposed laws seek to enforce existing State regulations by increasing illegal hotel fines and reporting requirements. On October 30, 2015, the City Council Committee on Housing and Buildings heard testimony on three proposed laws that seek to ramp up enforcement of state laws that prohibit the operation of illegal hotels. The proposed legislation would regulate only those residential units located in multiple-dwelling buildings—not one- to four-family homes. The proposed legislation is intended to address … <Read More>
City Council Holds Oversight Hearing on Mayor’s Affordable Housing Plan
HPD, City Planning, NYCHA among those who answered questions on the results and direction of Mayor Bill de Blasio’s plan. On November 17, 2014, the City Council Committee on Housing and Buildings, joined by the Committee on Land Use and Committee on Community Development, held an oversight hearing on Housing New York, Mayor Bill de Blasio’s affordable housing plan. The Council heard testimony over the course of seven hours from Housing Preservation and Development … <Read More>