rent stabilization


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rent stabilization

See rent control.

References in periodicals archive ?
In his decision, Supreme Court Judge Schlomo Hagler said there was "clear legislative intent" to exempt apartments renting for more than $2,000 a month from rent stabilization. He pointed to the Senate debate - noting there was no Assembly debate at all - and wrote that no senator objected to the content of the Giuliani-Bruno letters.
At least two more cases are pending in New York Supreme Court regarding the question of whether 421-g apartments should be subject to rent stabilization, Joseph said.
Those regulations bear some similarities to rent stabilization, but they are tailored to the process of moving the building towards legalization.
In many buildings, this means radical architectural changes, while in rent stabilization, the buildings' architecture tends to remain completely unchanged.
Critics of rent stabilization said the Supreme Court decision would ultimately hurt tenants.
The RGB is guided by the Rent Stabilization Law which outlines factors that must be considered by the Board prior to the adoption of rent guidelines.
These two building acquisitions represent best-case scenarios of the ability to improve properties while subscribing to the New York rent stabilization program, according to the firm.
Landaverde, which held that property owners who serve notices to cure by mail pursuant to the Rent Stabilization Code must add five days for mailing when calculating the expiration date of the notice.
of The Bronx, was elected to the Board of Directors of the Rent Stabilization Association of New York City at the organization's recent annual Board of Directors meeting.
Now that property owners will be required by law to install carbon monoxide detectors in every apartment in their building, the Rent Stabilization Association of New York City, Inc.
Joseph Strasburg, President of Rent Stabilization Association (RSA); Michael Laub, President of the Bronx Realty Advisory Board (BRAB); and William Schur, President of the BRONX-MANHATTAN North Association of REALTORS (BMAR) assisted in making the presentation of awards to Mark F.
Fighting back is the Rent Stabilization Association that filed a lawsuit filed in State Supreme Court by the Rent Stabilization Association on April 9, 2004, challenging the validity of the new lead paint law.