Rent Control
The NY Attorney General describes rent control as limiting the rent an owner may charge and restricting eviction, generally applying to certain pre-February 1947 buildings in jurisdictions that have not declared the end of the postwar housing emergency and requiring continuous occupancy criteria. The AG also notes that when a rent controlled apartment is vacated in NYC (and most other localities), it becomes rent stabilized.
- Where it applies
- General / NYS / NYC
- When it comes up
- Rent setting; renewals; enforcement
- Property types
- Legacy regulated units
Read more in the Knowledge Base
- Understanding Rent-Stabilized vs Market-Rate LeasesRenters
- Legal Regulated Rent and Overcharge Risk - Current HCR FrameworkLandlords
- Rent Increases - What's Legal in NYCRenters
- Small Multifamily (2-4 Unit) Purchases in New York - Tenant Risk, Rent Regulation, and Hybrid Owner-Occupant UnderwritingBuyers
Related terms
Rent Regulation (NYS/NYC)
- CityFHEPS
- DRIE (Disability Rent Increase Exemption)
- FARE Act (Fairness in Apartment Rental Expenses Act)
- Individual Apartment Improvement (IAI) Increase
- Legal Regulated Rent
- Major Capital Improvement (MCI) Increase
- New York City Rent Guidelines Board (RGB)
- New York State Division of Housing and Community Renewal (DHCR/HCR)
- Preferential Rent
- Renewal Lease Notice Window (90-150 Days)
General information, not legal, tax or financial advice.