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Failure to provide these may allow the tenant to receive a lower rent. [4] Outside of New York City, the state government determines the maximum rents and rate increases, and owners may periodically apply for increases. In New York City, rent control is based on the Maximum Base Rent system. A maximum allowable rent is established for each unit.
For many decades, the New York metropolitan area has suffered from an increasing shortage of housing, as housing supply has not met housing demand. As a result, New York City has the highest rents of any city in the United States. [1] The New York metropolitan area has long-standing exclusionary zoning practices, which were frequently rooted in ...
The New York State Division of Housing and Community Renewal (DHCR) is an agency of the New York state government [1] responsible for administering housing and community development programs to promote affordable housing, community revitalization, and economic growth. Its primary functions include supervising rent regulations through the State ...
With each new survey, the Census Bureau updates the sample it uses for additions to the stock from new construction or other sources. Just as the AHS and its sample have evolved over time the AHS report formats have also changes over time. The 1973 through 1983 reports use a common format; the 1985 through 2005 reports use another common format.
If you'd rather rent than buy a house, finding a rent-stabilized apartment might be the perfect way to lower your monthly rental costs. And since the state of New York passed the Rent Act of 2015 ...
The 1918–1920 New York City rent strikes were some of the most significant tenant mobilizations against landlords in New York City history. [2] A housing shortage caused by World War I had exacerbated tenant conditions, with the construction industry being redirected to support the war effort. In addition, newly available defense jobs ...
Without an avenue to resolve allegations of overcharging, tenants can find themselves unfairly priced out of their homes.
New York City's Rent Guidelines Board, the group in charge of establishing the lease guidelines for rent-stabilized homes, held a preliminary vote on May 5 on a range of rent increases in the city