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A05473 Summary:

BILL NO    A05473 


SPONSOR    Wright (MS)

COSPNSR    Rosenthal, Gottfried, Davila, Ortiz, Camara

MLTSPNSR   Brook-Krasny, Farrell, Mosley, Perry

Amd S10, Emerg Ten Prot Act of 1974; amd S26-511, NYC Ad Cd

Prohibits an owner from adjusting the amount of preferential rent, rent charged
and paid by the tenant which is less than the legal regulated rent for the
housing accommodation, upon the renewal of a lease; only allows the owner to
make such adjustments upon a vacancy which is not the result of the failure of
the owner to maintain a habitable residence.
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