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Assembly Bill A5751

2009-2010 Legislative Session

Makes various rent control provisions ongoing and establishes transition guidelines and provides for omnibus cooperative and condominium conversion

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Archive: Last Bill Status - In Assembly Committee

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2009-A5751 (ACTIVE) - Details

Current Committee:
Assembly Housing
Law Section:
New York City Administrative Code
Laws Affected:
Amd §§26-405 & 26-409, NYC Ad Cd; amd §4, Emerg Hous Rent Cont L

2009-A5751 (ACTIVE) - Summary

Makes various rent control provisions permanent; provides for the establishment of transitional guidelines, annual rent adjustments and sets forth rights and obligations of landlords and tenants with respect to leases and rental rates; provides for one method of rent adjustment for all regulated tenants.

2009-A5751 (ACTIVE) - Bill Text download pdf

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

                                  5751

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                            February 19, 2009
                               ___________

Introduced  by  M.  of  A.  V. LOPEZ,  GOTTFRIED,  DINOWITZ, KAVANAGH --
  Multi-Sponsored by -- M. of A. AUBRY, BOYLAND,  COOK,  GLICK,  HOOPER,
  MILLMAN -- read once and referred to the Committee on Housing

AN  ACT to amend the administrative code of the city of New York and the
  emergency housing rent control law, in relation to providing  for  the
  establishment of rent guidelines

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

  Section 1. Subdivision a of section 26-405 of the administrative  code
of  the city of New York is amended by adding a new paragraph 10 to read
as follows:
  (10) (A) NOTWITHSTANDING ANY CONTRARY PROVISIONS OF THIS  SUBDIVISION,
EFFECTIVE  JANUARY FIRST, TWO THOUSAND ELEVEN, MAXIMUM RENTS FOR HOUSING
ACCOMMODATIONS SUBJECT TO THIS CHAPTER SHALL NO  LONGER  BE  ESTABLISHED
PURSUANT TO PARAGRAPHS THREE AND FOUR OF THIS SUBDIVISION, OR LIMITED BY
PARAGRAPH  FIVE  OF THIS SUBDIVISION, OR ADJUSTED BY SUBPARAGRAPH (L) OR
(N) OF PARAGRAPH ONE OF SUBDIVISION G OF THIS SECTION.
  (B) EXCEPT AS OTHERWISE PROVIDED IN THIS PARAGRAPH,  THE  RENT  GUIDE-
LINES  BOARD  ESTABLISHED PURSUANT TO SECTION 26-510 OF THIS TITLE SHALL
ESTABLISH ANNUAL GUIDELINES FOR  THE  CLASS  OF  HOUSING  ACCOMMODATIONS
SUBJECT  TO  THIS  CHAPTER,  IN THE MANNER PROVIDED BY SUCH SECTION. THE
FACT THAT THE HOUSING ACCOMMODATION IS SUBJECT TO THIS CHAPTER  MAY  NOT
BE  CONSIDERED  AS  A FACTOR IN DETERMINING THE RATE OF RENT ADJUSTMENT.
NOT LATER THAN OCTOBER FIRST, TWO THOUSAND TEN, AND NOT LATER THAN OCTO-
BER FIRST ANNUALLY THEREAFTER, THE RENT GUIDELINES BOARD SHALL FILE WITH
THE CITY CLERK ITS FINDINGS ESTABLISHED IN CONSIDERATION OF THE ECONOMIC
FACTORS LISTED IN SUBDIVISION B OF SECTION 26-510  OF  THIS  TITLE,  AND
SHALL  ACCOMPANY  SUCH  FINDINGS WITH A STATEMENT OF THE MAXIMUM RATE OR
RATES OF RENT ADJUSTMENT, IF ANY, FOR ONE OR MORE  CLASSES  OF  ACCOMMO-
DATIONS  SUBJECT  TO  THIS  CHAPTER AUTHORIZED FOR THE ADJUSTMENT OF THE
MAXIMUM RENT OF THE HOUSING ACCOMMODATION FOR THE  TWELVE  MONTH  PERIOD

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08975-01-9
              

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