June 14, 2019

Assembly Passes Historic Affordable Housing Protections to Bring Stability to Tenants Across New York State

Speaker Carl Heastie and Housing Committee Chair Steven Cymbrowitz today announced passage of legislation to extend and strengthen rent protections for tenants across the state (A.8281, Heastie). Rent regulations are set to expire at the end of the day on June 15, 2019.

"Today we passed historic legislation that will help keep families from being forced out of their homes and priced out of the communities they are a part of," Speaker Heastie said. "For too long, power has been tilted in favor of landlords. But today we were able to level the playing field and bring stability to tenants across New York State, whether they live in an apartment in the Bronx, a single family home in Nassau County or a manufactured home upstate. The Assembly Majority will continue working to ensure every New Yorker can find quality, affordable housing."

"So many New Yorkers live with the constant worry that skyrocketing rents will force them out of their homes and neighborhoods," Assemblymember Cymbrowitz said. "Today's bill helps us rectify that by creating stable, affordable housing — not just in New York City, but across the state. I am proud that we were able to pass this comprehensive legislation that will improve the quality of life for New York's tenants."

Extends and Makes Permanent Rent Regulation Laws

Repeals High Rent Vacancy Deregulation & High Income Deregulation

Repeals Vacancy & Longevity Bonuses

Reforms Preferential Rent

Extends Rent Overcharge Look-Back to Six Years

Establishes Statewide Option for the ETPA

Provides Relief from Large Rent Increases for Rent-Controlled Tenants

Reforms the Owner Use Exception

Keeps Stabilized Apartments Rented to Nonprofits in the Stabilization System

Reforms Major Capital Improvement (MCI) Increases

Reforms Individual Apartment Improvement (IAI) Increases

Establishes Stronger Housing Security and Tenant Protections Statewide

Reform Condo and Co-Op Conversion

Establishes Protections for Mobile & Manufactured Home (MMH) Tenants