Relates to information available pertaining to rental histories of rent stabilized units through FOIL applications by the NYS division of housing and community renewal.
Establishes a housing succession rights task force to conduct a state-wide assessment of succession rights in rent stabilized, public housing and city or municipal owned buildings.
Establishes a tax on certain vacant land in the city of New York; provides exemptions for certain vacant land; establishes a tax credit for certain renovations to certain rent-stabilized properties.
Relates to applying the Housing Stability and Tenant Protection Act of 2019 to rent calculations and rent records maintenance and destruction for all rent stabilized apartments.
Relates to applying the Housing Stability and Tenant Protection Act of 2019 to rent calculations and rent records maintenance and destruction for all rent stabilized apartments.
Relates to certain adjusted rents under the participation loan program; provides that rehabilitated rent control and rent stabilized units shall have adjusted rents determined in accordance with such programs.
Repeals provisions relating to the establishment of maximum base rents using the maximum gross building rental formula.
Repeals provisions relating to the establishment of maximum base rents using the maximum gross building rental formula.
Requires the state division of housing and community renewal to establish a publicly accessible database of the complete rental histories of rent stabilized accommodations in cities with a population of one million or more no later than December 31, 2024.
Authorizes application of the property tax abatement for rent-controlled or rent regulated properties occupied by senior citizens or disabled persons, to those units occupied by tenants paying the maximum allowable rent when such rent exceeds 1/2 of the household income; provides for state payments to cities affected thereby equal to 10% of lost real property tax revenue.