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S02845 Summary:

BILL NOS02845A
 
SAME ASSAME AS A04349
 
SPONSORKRUEGER
 
COSPNSRADDABBO, BAILEY, BENJAMIN, BIAGGI, BRESLIN, COMRIE, GIANARIS, GOUNARDES, HOYLMAN, JACKSON, KAVANAGH, LIU, MAYER, MONTGOMERY, MYRIE, PARKER, PERSAUD, RAMOS, RIVERA, SALAZAR, SANDERS, SAVINO, SEPULVEDA, SERRANO, STAVISKY
 
MLTSPNSR
 
Amd §10, Emerg Ten Prot Act of 1974; amd §26-511, 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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