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The New York law was amended in 2019 to expand tenant protections, drawing legal challenges from landlords and trade associations seeking higher investment returns and more control over their ...
The law now applies Minnesota's cold weather rule to landlords in charge of shared-meter billing – they can't evict a tenant for not paying utilities from Oct. 1 through April 30 and must try to ...
After the 2018 elections – in which Democrats took control of the New York State Senate for the first time in a decade and just the third time in 50 years [2] – momentum began on behalf of changes to landlord-tenant law. [3] [4] Eventually, a package of nine bills emerged which incorporated a large number of proposed changes. [5]
In the face of sky-high rents, President Joe Biden is rolling out a new set of principles the White House is calling a "Renters Bill of Rights" in an effort to improve rent affordability and ...
The Emergency Tenant Protection Act of 1974 (ETPA) expanded rent stabilization to other parts of New York State. [ 24 ] The Local Law 30 of 1970 introduced a new method of rent control price calculation, based on the Maximum Base Rate, which adapted to the changing costs faced by landlords, allowing them to pass those costs on to renters.
New York's rent control laws have also received criticism for inadvertently benefiting affluent tenants who might not otherwise need rental assistance. [41] Additionally, a survey of property owners who own or manage rent stabilized units in New York City found that rent regulations would lead to fewer non-essential improvements and proactive ...
For one, some 74.2% of renters viewed obtaining a mortgage as somewhat or very difficult, which the New York Fed said has “deteriorated substantially” from the 66.5% level in 2023 and 63.1% in ...
In January 2017, New York Governor Andrew Cuomo called for the right to abortion to be enshrined into the New York Constitution. [12] In 2019, Cuomo again called for a conditional amendment to protect abortion rights in the state at an event with Hillary Clinton at Barnard College, after the Democratic Party took back control of the New York State Senate in the 2018 election, and shortly ...
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