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Monday, September 23rd, 2019

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State Legislature Passes Rent Reform Laws

The Bedford Park section of the Bronx, home to a bulk of rent stabilized apartments. (photo/Adi Talwar via Norwood News)

On Tuesday new protections for rent stabilized apartments were approved by the New York State legislature. The NY Times, Norwood News, and other publications reported that Governor Cuomo has already announced plans to sign the bill into law.

To fully understand what was passed, check out the Norwood News. Editor David Cruz has put together an easy-to-follow summary of the nine sections of the law: rent laws in perpetuity, rent-regulation stock, vacancy bonus & longevity bonus repeal, preferential rents, rent review expanded, greater oversight of DHCR, security deposits, eviction protections, and notices.

The Bronx is home to the most rent-stabilized housing in the city and the director of West Bronx Housing expressed happiness with the new laws saying that they will slow down gentrification and help keep low and middle income families in their homes.

Read the full June 12, 2019 story by David Cruz in NORWOOD NEWS…

Read the full June 12, 2019 article by Sharon Otterman and Matthew Haag in the NY TIMES…

Read the full June 12, 2019 story by Azi Paybarah in THE NEW YORK TIMES…

Read the full June 11, 2019 story by Luis Ferre-Sadurni, Jesse McKinley, and Vivian Wang in THE NEW YORK TIMES…

thisistheBronX news summary by: Adam McPartlan

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