Index
New York City Rent Stabilization Law of 1969
Summary
Restricts rent increases in specific older buildings and provides tenants with the right to lease renewals.
Rights & Rules
- 01.Right to a one or two-year lease renewal at the tenant's choice.
- 02.Protection against excessive rent increases as determined by the Rent Guidelines Board.
- 03.Right to receive essential services like heat and hot water.
Penalties
- 01.Treble damages (triple the overcharge amount) for willful rent overcharges.
- 02.Requirement to roll back rent to the legal regulated amount.
Verified Citations
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