Potential Changes to New York's Rent Laws in 2019

LandlordsNY Member

LandlordsNY Member

If you've been wondering what the future will hold for New York's rent laws come next year given Albany's newly elected Democratic majority, you're not the only one. Several articles and blog posts have been written about the subject and some have been better than others.

In our opinion, Gotham Gazette and City & State both published excellent primers on the subject recently. If you're curious about what the coming legislative session in Albany holds, these two pieces will give you a good idea.

Gotham Gazette focuses primarily on the potential changes to the Major Capital Improvement program. It also suggests that vacancy decontrol may become a thing of the past. City & State, meanwhile, covers similar ground, but takes a look at more issues that will be under consideration in Albany next year. This includes universal rent control and preferential rents.

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