Search Site
What is rent stabilization in New York City?

A vast portion of the housing throughout New York City are rental properties. These can include rental homes, apartments, lofts, or townhouses. Within the boroughs, there is what is known as rent stabilization. This law protects tenants from steep increases in the cost of rent. In addition, these tenants have the right to renew their leases once they are set to end. The Rent Guidelines Board

The Rent Guidelines Board controls rent guidelines for the apartments and lofts covered under the Rent Stabilization Law of 1969. When a tenant renews their lease for one year, they will not be permitted to raise the rent at all. If there is a two-year lease renewal, the landlord is only permitted to increase the cost of rent by 2-percent. These adjustments are only valid for those leases that commence between October 1, 2016, and September 30, 2017.

Some people may not be sure if their rights are protected under the rent stabilization law. For the most part, the law applies to apartment buildings within New York City that were built before February 1, 1947, with tenants that moved into the unit after June 30, 1971, or in buildings that have a minimum of 6 units and were built between February 1947 and December 1973. However, for those apartment buildings outside of New York City, buildings that have a minimum of six units and were built prior to 1974. Of course, it is important to check with your landlord or with the city to determine if your apartment falls under rent stabilization laws.

Tenants who live in rent stabilized apartments should be aware of their rights. If you believe your rent has been raised unlawfully, contact an experienced attorney today.

If you require experienced legal representation for any of your real estate, bankruptcy or family law matters, contact the Mark Scollar Law Office today to schedule a consultation.

Contact us

Please fill out the form below and one of our attorneys will contact you.

Quick Contact Form

Our Offices
  • Staten Island Office
    1031 Victory Boulevard
    Staten Island, New York 10301
    Phone: 718-720-4505
    Fax: 718-720-5153
  • Manhattan Office
    47 East 87th Street
    New York, New York 10128
Well Done!
Marc was prompt and effectively outlined the options available to me. I really trust his recommendations.
- Keith (5 star review)

Read All Client Reviews
Ratings and Reviews