Rent Regulations

Rent regulations are laws that aim to limit landlords’ abilities to raise rents, creating rent control or rent stabilization. They may also create new requirements for landlords to evict tenants and new building maintenance standards, and can implement public oversight of landlord. On June 14, 2019, New York State passed sweeping rent regulation reforms. TRD reported on these reforms and what they meant for tenants and landlords alike.

Rent Regulations Q&A

Who is impacted by rent regulations?
Rent regulations are generally intended to protect renters. Rules that limit rent increases and raise the bar for causes of eviction shield renters from changes in the market and can create stability for them. However, rent regulations also impact landlords. They impede their ability to raise rents to keep up with market prices, make it harder to evict insolvent tenants, and can make renovating rental properties are greater financial strain.
Want to know more about rent regulations?
Check out our Top Stories below for TRD's most up-to-date coverage of rent regulations.

Rent Regulations Top Stories

September 6, 2019Blackstone is renovating and leasing all vacant units at Stuyvesant Town-Peter Cooper Village, after authorities announced a review of their affordable housing agreement with the landlord.
August 29, 2019Blackstone Group is warehousing apartments at Stuytown, landlords may start combining rent-stabilized units and more in a discussion about rent law news this week
August 27, 2019Real Capital Analytics data showed that New York’s multifamily market had a very slow July.
August 21, 2019Some landlords say they plan to close the door to vacant apartments and wait for the laws to change.
July 17, 2019These are the landlords suing New York over the state’s new rent law.

The Latest

Joseph Strasburg (Photo by Jeffersons Siegel)

Landlord leader opens up on rent law

Last May, Rent Stabilization Association President Joseph Strasburg warned lawmakers that planned reforms to New York’s rent stabilization law would devastate the city’s housing stock. “The sky isn’t going to fall overnight,” Strasburg testified...

Landlord leader opens up on rent law
Adam Pincus

Inside the legal strategy to topple New York’s rent law

A month after the new rent law was minted, real estate industry groups filed a federal lawsuit to dismantle...

Inside the legal strategy to topple New York’s rent law
A year after the rent law upended the New York City rental market, tenant organizers face an uphill battle to cancel rent and keep the pressure on (iStock)

Scant progress for tenants in wake of rent-law win

During a May 14 video conference with Housing Justice for All, Sen. Michael Gianaris rattled off examples of his...

Scant progress for tenants in wake of rent-law win
One year ago, the multifamily market was upended, and the financial impact is still being assessed. (iStock)

The rent law, one year later: “No upside, no opportunity”

Exactly one year ago, New York’s real estate industry was facing a crisis. The legislature had just agreed to...

The rent law, one year later: “No upside, no opportunity”
(iStock)

New Yorkers’ exodus could unravel rent regulation

Rent stabilization has been a dominant force in the city’s real estate for generations, and was cemented in place...

New Yorkers’ exodus could unravel rent regulation
2 Pierrepont Street in Brooklyn and Vincent Viola (Google Maps, Getty)

Ex-Trump nominee broke rent stabilization laws at his Brooklyn Heights building: lawsuit

The owner of the Florida Panthers who was President Trump’s former nominee for Secretary of the Army broke New...

Ex-Trump nominee broke rent stabilization laws at his Brooklyn Heights building: lawsuit
After the rent law of 2019 passed, multifamily market values plummeted. But tax assessments are unchanged (Credit: iStock)

Rent law dented property values – but not tax assessments

Last year’s rent reforms were a gut punch for multifamily market values in New York. But don’t expect that...

Rent law dented property values – but not tax assessments
(Photo by Gabriele Holtermann-Gorden/Pacific Press/LightRocket via Getty Images)

Second Take: The fate of rent-stabilized housing

When it comes to New York City’s rent-stabilized housing stock, landlords and tenants are usually on opposite sides of...

Second Take: The fate of rent-stabilized housing
The Court of Appeals ruled today that a portion of New York’s rent law violates due process. (Credit: iStock; UpstateNYer via Wikipedia Commons)

State’s highest court strikes down portion of rent law

The highest court in the state has struck down a portion of New York’s new rent law, concluding that...

State’s highest court strikes down portion of rent law
REBNY president James Whelan (Credit: Whelan by Evan Gutierrez)

NYC’s biggest landlords pledge to halt evictions for three months

 The Real Estate Board of New York announced on Friday that more than two dozen of its members, who...

NYC’s biggest landlords pledge to halt evictions for three months
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