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The fees are steep, typically totaling as much as 15% of the annual rent, about $7,000 for the average-priced New York City apartment. NYC bans unusual practice of forcing tenants to pay real ...
The newest New York State anti-eviction laws brought much needed relief to tenants shell-shocked by financial hardships wrought by COVID, but some mom-and-pop landlords worry those measures may ...
The Rent Stabilization Association, which represents more than 25,000 New York landlords, says the moratorium — which runs through Jan. 15 — flies in the face of a recent Supreme Court ruling.
In December 2020, the New York State Legislature passed a state moratorium on evictions. [11] In May 2021, the legislature extended the moratorium until August 31. [12]The Supreme Court struck down a provision of the state moratorium that protected people who filed a form declaring economic hardship, rather than providing evidence in court.
[6] The "look back" window for rent overcharge claims was extended from four to six years. [11] [12] The HSTPA also instituted a number of new protections for residents of mobile homes. [13] Furthermore, the law permits other New York municipalities to institute their own rent regulations. [10]
The final decision will be made by the city’s Rent Guidelines Board on Tuesday night and set the threshold on how far landlords can go in demanding more cash from tenants.
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.
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