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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.
[44] [47] Under rent regulation laws, landlords are allowed to increase the rent of a rent-regulated apartment if they make significant improvements or renovations to the unit (1/40th of renovation costs can be added to the rent price). The cost of these improvements can be passed on to tenants in the form of higher rent.
The HSTPA rent regulation laws did not expel all exit paths for buildings to remove themselves from regulation though. Building owners can still use demolition, substantial rehabilitation, conversion to and from commercial use, and economic infeasibility to continue deregulating their apartments. [15] [16] If a landlord can not prove ...
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Its mission is to expand affordable housing opportunities for low- and moderate-income New Yorkers. HCR consists of several state agencies and corporations: the New York State Division of Housing and Community Renewal (DHCR), the New York State Housing Finance Agency (HFA), the State of New York Mortgage Agency (SONYMA).
The Woodner is rent-regulated, but because allowable increases are tied to inflation, this has still meant increases of $100 or $200 upon lease renewal. ... (D.C. also allows vacancy bonuses in ...
Tenants who do not qualify for enhanced vouchers, including all tenants in post-1973 buildings that were not federally subsidized, must pay the rent set by the landlords. [ a ] The buildings that are no longer in a rent-regulation program pose a particular problem for tenants who were receiving special subsidies such as subsidy programs because ...
President-elect Donald Trump’s pick to be the top health insurance regulator in the country, Dr. Mehmet Oz, has invested in companies that do business with the agency he would run.. Oz, Trump ...