The Lowdown on Rent
NY Daily News, May 13, 1997Highlights of Gov. Pataki's proposed rent-regulation system:
- Removes state limits on rent hikes once a tenant and immediate family members such as children or parents die or move out.
- Preserves rights of immediate relatives and domestic partners to keep rent-stabilized units after the tenant whose name is on the lease dies.
- Removes state limits on rent hikes for any household that earns more than $175,000 for two years in a row.
- Exempts the disabled and tenants 62 years and older from the proposed income limits for deregulation.
- Authorizes civil fines of up to $10,000 against landlords who harass tenants to get them to move so an apartment can be decontrolled.
- Imposes criminal penalties of up to seven years in prison for landlords who threaten tenants with violence or cut off building services.
- Gives the state attorney general's office new authority to prosecute landlords for gouging.
- Requires tenants to deposit rent payments in an escrow account during Housing Court proceedings.
- Sets no time limit for phasing out rent regulations.