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A08506 Summary:
| BILL NO | A08506 |
| SAME AS | SAME AS S08011 |
| SPONSOR | Rosenthal L |
| COSPNSR | |
| MLTSPNSR | |
| Amd §26-511, NYC Ad Cd; amd §§10-b & 5, Emerg Ten Prot Act of 1974; amd Part B §§2 & 3, add §2-a, Chap of 2023 (as proposed in S.2980-C & A.6216-B) | |
| Establishes the legal regulated rent for the combination of two or more vacant apartments; relates to exemptions from rent stabilization on the basis of substantial rehabilitation; relates to clearly defining the scope of the fraud exception to the pre-HSTPA four-year rule for calculating rents and relates to the effectiveness thereof. | |