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On June 11, 2019, State Senate Majority Leader Andrea Stewart-Cousins and Assembly Speaker Carl Heastie announced that they had reached a "landmark agreement" on new rent laws. [6] Both houses of the New York state legislature passed the HSTPA on June 14, 2019, and Governor Andrew Cuomo signed the HSTPA into law later that day. [1]
DHCR has had significant oversight issues and received criticism over the years, particularly regarding its role in the regulation and enforcement of rent stabilization laws. [3] Tenants and advocacy groups have frequently pointed to several failures and systemic issues that have adversely impacted New York tenants.
In a study referenced in Pepperdine Law Review, researchers found that unrepresented low-income tenants in New York City fared significantly worse in court than represented low-income tenants—unrepresented tenants were more likely to default in court and more likely to receive a warrant of eviction. [60]
The relatively flat outlook for premiums in the upcoming year is largely a result of the reinsurance market’s confidence that companies’ exposure to legal fees has been dramatically decreased ...
Many large and medium-sized rental properties include a requirement in their lease that tenants hold renters' insurance. [2] If the tenant damages the premises, [3] the landlord and other tenants can recover against the perpetrator's insurance. It is important to know what type of damage your insurance covers. Essentially, there are three types ...
Florida is scheduled to repeal a 16-year-old law that lists climate change as a priority when making energy policy decisions. ... If Florida and the alarming property insurance trends nationwide ...
Two Florida lawmakers blame insurance companies — not new state law — for helping to fuel a condo crisis that has hit owners with rising fees and assessments in high-rise buildings.
The state of New York took over when federal regulation ended in 1950. Under the first permanent state laws in 1951, New York took a similar regulatory approach to the federal government. At the time there were about 2,500,000 rental units statewide, 85% of them in New York City.