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

From left: Jim Whelan, David Schechtman, Tom Elghanayan, Helena Durst, Bill Rudin, and Adam Leitman Bailey

Real estate bigwigs sound off on politics at REBNY gala

The tough political environment was the topic du jour at REBNY’s 124th annual banquet last week. From the new...

Real estate bigwigs sound off on politics at REBNY gala
Investment sale dollar volume in Brooklyn fell 30% in 2019, the biggest drop since the financial crisis. (Credit: iStock)

Brooklyn i-sales see biggest drop since financial crisis

Brooklyn’s multifamily-heavy investment sales market had a tough year in 2019, thanks to new rent laws and new development....

Brooklyn i-sales see biggest drop since financial crisis
A rent-stabilized portfolio in Rego Park, Queens, that sold at a 38 percent discount in November

Managing the rent law aftershocks

Soon after Albany passed its overhaul of the state’s rent law in June, real estate firms with big rent-stabilized holdings took a major hit. Months earlier, David Bistricer’s real estate investment trust Clipper Equity,...

Managing the rent law aftershocks
Rent overcharge claims against landlords are on the rise (Credit: iStock)

Rent overcharge cases pile up

At least two dozen rent overcharge cases have been brought in the five boroughs since June 2019, according to an analysis by The Real Deal, and many more could be on the way. The...

Rent overcharge cases pile up
Housing Rights Initiative's Aaron Carr (Credit: iStock, Facebook)

D-Day for landlords: High court hears rent overcharge cases

ALBANY— State legislators passed a new rent law in June, but many of the details are about to be...

D-Day for landlords: High court hears rent overcharge cases
Cammeby's International's Avi Schron is spearheading the new lobby group (Credit: iStock)

Rent-law revenge: Big landlord leads effort to punish Senate Dems

A campaign led by one of the city’s biggest landlords is planning to go after Democratic state senators in...

Rent-law revenge: Big landlord leads effort to punish Senate Dems
The drop in evictions may be a result of confusion over the implementation of the law. CHIP's Jay Martin (inset) (Credit: iStock and Twitter)

Evictions fell 18 percent in NYC after rent law passed

Evictions by New York City marshals fell by 18.3 percent after the state passed sweeping changes to the rent...

Evictions fell 18 percent in NYC after rent law passed
2041 Adam Clayton Powell Junior Blvd in Harlem (Credit: Google Maps)

Rent-stabilized portfolio in Harlem trades for $118M

Another sizeable New York City rent-stabilized apartment portfolio traded before the end of 2019. An entity tied to Yechiel...

Rent-stabilized portfolio in Harlem trades for $118M
(Credit: Getty Images, iStock)

Small Talk: Real Estate Predictions for 2020

As everyone already knows, the biggest real estate story of 2019 was the August debut of Small Talk in...

Small Talk: Real Estate Predictions for 2020
Landlord Frank Ricci of RSA (Credit: iStock and LinkedIn)

Blaming rent law, landlords cut down on apartment renovations

Landlords have cut back on apartment renovations in New York City over the past five months, after changes to...

Blaming rent law, landlords cut down on apartment renovations
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