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Re: Help decoding 'high rent' deregulation, also RRRA97

Posted by Anna on June 12, 2000 at 22:04:38:

In Reply to: Re: Help decoding 'high rent' deregulation, also RRRA97 posted by MJ on June 12, 2000 at 20:50:40:

: Many thanks, Anna.

: With respect to the 1997 Rent Regulation Reform Act, what DHCR has in its Highlights brochure is "V. Luxury Decontrol. The level for luxury decontrol would be lowered from $250,000 to $175,000 and the minimum rent would be $2,000 per month." I don't see a copy of the legislation itself on the website, so it's hard to know exactly what the phrase "and the minimum rent would be $2000 per month" means.

It is posted on Tenant.Net:
but you'd have to piece together 97, 94, 93 and the RSL to see the effects.

The DHCR brochure you quote was written before the law was passed: guess DHCR has been too busy destroying tenants rights in the RSC to incorporate the RRRA97 into its Fact Sheets: #1 was "Reissued 9/97"... They do outline it in: under Decontrol. The occupied 'high rent / high income' levels are $175,000/>$2000. The disputes here have been in the procedures and deadlines for following them. Look up 'luxury' or 'deregulation' "decontrol' in the Housing Court Cases or on this board.

: I would be interested to see the legislation itself in light of your noting that the courts have said "no" to deregulating an apartment before someone actually paid $2000 or more.

This is the 'high rent: vacant' category. I'm very certain that there are some cases concerning rent controlled apartments with the court confirming that they MUST first follow the rules thereby becoming STABILIZED, i.e., they cannot jump from rent control to deregulated. Again, search for 'decontrol' 'deregulation' on this board and in the Housing Court Decisions.

You'll have more questions, post them: the various laws and DHCR have really muddied this subject up. Here's what Andrew Scherer, the leading authority on landlord-tenant law in NY said about the RRRA97 just before it passed:

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