17+ Rent Control New York City Apartments Images
17+ Rent Control New York City Apartments Images. Under rent control law, tenants are not obligated to sign renewal leases, as these tenancies are statutory. In addition to controlling rent, the system also prescribes rights and obligations for tenants and landlords.
The difference between rent stabilization and rent control.
In new york city, apartments are under rent stabilization if they are in buildings of six or more units built between february 1, 1947, and december 31, 1973. There are specific rules about who may succeed a rent controlled apartment. Rent stabilization is a form of rent regulation in new york that's overseen by the new york state division of housing and community renewal (dhcr). In new york city, rent control tenants are generally in buildings built before february 1, 1947, where the tenant is in continuous occupancy prior to july 1, 1971.
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