rent stabilization

Building owners and a libertarian nonprofit are taking aim at rent regulation, with a very specific audience in mind for their latest legal filing.

The ruling comes amid a fiery debate in the mayoral race about who has the right to a rent-stabilized apartment.

The Department of Housing Preservation and Development says its data shows the number of low-cost, rent-stabilized apartments being held off the market plummeted last year compared to a 2021 analysis of vacancies.

Landlords late to register their rent-stabilized apartments could face monthly fines of $500. An annual report for the state shows owners failed to register 46,000 fewer apartments last year.

Rent-stabilized tenants are seeing some of the biggest potential hikes in almost a decade

In an unusual move, the nine-member voted to freeze rents on stabilized apartments for the first six months of one-year leases while allowing landlords to increase rent by 1.5% for the next six months.

'We have a possibility of winning stronger rent laws now, but the Democrats aren't going to do it themselves. We have to keep up the pressure.'

The stakes are incredibly high, but for anyone living in New York City, this Election Day is particularly important: it may well determine the fate of housing as we know it.

New York city and state tax authorities are looking looking to recoup millions of dollars from Donald Trump.

That the mayor was dealt a bad hand is indisputable. But how well has he played it?