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Assembly Bill A5089

2009-2010 Legislative Session

Provides for rent increases for certain housing accommodations

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Archive: Last Bill Status - In Assembly Committee

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2009-A5089 (ACTIVE) - Details

Current Committee:
Assembly Housing
Law Section:
New York City Administrative Code
Laws Affected:
Amd §§26-405 & 26-511, NYC Ad Cd; amd §6, Emerg Ten Prot Act of 1974; amd §4, Emerg Hous Rent Cont L

2009-A5089 (ACTIVE) - Summary

Decreases the amount which a landlord of a rent regulated unit may increase rent upon making improvements, modifications or installation of new equipment or furnishings, from 1/40 to 1/72 of the total cost of such improvements or modifications.

2009-A5089 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  5089

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                            February 10, 2009
                               ___________

Introduced  by  M. of A. V. LOPEZ, AUBRY, KAVANAGH, KELLNER -- read once
  and referred to the Committee on Housing

AN ACT to amend the administrative code of the city  of  New  York,  the
  emergency tenant protection act of nineteen seventy-four and the emer-
  gency  housing  rent  control  law,  in relation to rent increases for
  certain housing accommodations

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subparagraph (e) of paragraph 1 of subdivision g of section
26-405 of the administrative code of the city of New York, as amended by
chapter 253 of the laws of 1993, is amended to read as follows:
  (e)  The  landlord  and  tenant  by mutual voluntary written agreement
agree to a substantial increase or  decrease  in  dwelling  space  or  a
change  in the services, furniture, furnishings or equipment provided in
the housing accommodations. An adjustment under this subparagraph  shall
be equal to [one-fortieth] ONE-SEVENTY-SECOND of the total cost incurred
by  the  landlord in providing such modification or increase in dwelling
space, services, furniture, furnishings or equipment, including the cost
of installation, but excluding finance charges, provided  further  [than
an owner] THAT A LANDLORD who is entitled to a rent increase pursuant to
this subparagraph shall not be entitled to a further rent increase based
upon  the  installation  of  similar  equipment,  or  new  furniture  or
furnishings within the useful life of such new equipment, or new  furni-
ture  or  furnishings.  The  owner shall give written notice to the city
rent agency of any such adjustment pursuant to this subparagraph[.]; or
  S 2. Paragraph 13 of subdivision c of section 26-511 of  the  adminis-
trative  code  of  the  city of New York, as added by chapter 253 of the
laws of 1993, is amended to read as follows:
  (13) provides that an owner is entitled to a rent increase where there
has been a substantial modification or increase of dwelling space or  an
increase  in  the services, or installation of new equipment or improve-

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08700-01-9

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