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S02251 Summary:

BILL NOS02251
 
SAME ASSAME AS A00465-A
 
SPONSORKRUEGER
 
COSPNSRDIAZ, HASSELL-THOMPSON, HUNTLEY, ONORATO, PERALTA, PERKINS, SERRANO, STAVISKY
 
MLTSPNSR
 
Amd S10, Emerg Ten Prot Act of 1974; amd S26-511, NYC Ad Cd
 
Prohibits an owner from adjusting the amount of preferential rent, rent charged and paid by the tenant which is less than the legal regulated rent for the housing accommodation, upon the renewal of a lease; only allows the owner to make such adjustments upon a vacancy which is not the result of the failure of the owner to maintain a habitable residence.
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