LiveOn NY is proud to join a diverse Coalition of advocates to call for reforms to strengthen New York’s rent regulation laws, set to expire this June.
Organizations in the Coalition include: Enterprise Community Partners, New York State Association for Affordable Housing (NYSAFAH), The Legal Aid Society, New York Housing Conference, Community Service Society of New York, Housing Rights Initiative, Coalition for the Homeless, LISC NYC, Supportive Housing Network of New York, and LiveOn NY
The Coalition is calling on state leaders to enact the following reforms to New York’s rent laws during the 2019 legislative session:
End High-Rent Vacancy Decontrol
This pathway toward deregulation, which has only been a feature of rent regulation since 1994, has encouraged the use of both lawful and unlawful means to increase rents past the deregulation threshold of $2,733 per month. These means frequently entail harassment and fraud and have resulted in displacement of long-term tenants from their homes. This year, the rent laws must be restored to their original promise by ending deregulation.
Restore Preferential Rent Protection
The State should return the rent laws to their pre-2003 form and no longer permit landlords to revoke a preferential rent upon lease renewal. Tenants with preferential rents must no longer fear the loss of their homes due to rent increases beyond those allowed under Rent Guidelines Board (RGB) rules.
Reform the Vacancy Allowance, Major Capital Improvements (MCI), and Individual Apartment Improvements (IAI)
The State should reform the provisions governing the Vacancy Allowance and Major Capital Improvement and Individual Apartment Improvement increases in a way that reduces excessive rent hikes but ensures that owners can provide safe and decent housing. Taken together, these provisions produce an exponential impact on regulated rents, creating significant financial incentives for tenant turnover, resulting in displacement.