NYC Council · Int 0250-2024 · Filed (End of Session)

Requiring the department of housing preservation and development to conduct periodic studies of rent stabilized housing accommodations and to develop a program to incentivize owners to keep such accommodations rent stabilized for an extended period of tim

Introduced

Moved

Reached a final decision

Introduced Feb 28, 2024

Official status: Filed (End of Session)

Derived from the official record below.

Officially: “A Local Law to amend the administrative code of the city of New York, in relation to requiring the department of housing preservation and development to conduct periodic studies of rent stabilized housing accommodations and to develop a program to incentivize owners to keep such accommodations rent...” Read the full text

Housing and Buildings

What it does

The proposed bill would require the Department of Housing Preservation and Development to conduct periodic studies of rent stabilized housing accommodations and to develop a program to incentivize owners to keep such accommodations rent stabilized for an extended period of time.

Summary written by City Council staff, from the official record. Plain-language AI rewrite with cited sections coming. Not legal advice.