UNDERSTANDING THE NEW RENT LAWS, PART 1 –
RECOVERING RENT OVERCHARGES JUST GOT EASIER FOR NEW YORKERS
On June 14th, New York Governor Cuomo signed Housing Stability and Protection Act of 2019, which is the most substantial rent law passed on the past 50 years. A million or so New Yorkers who live in rent stabilized or rent-controlled residential units will be impacted this landmark bill.
Under the new Housing Stability and Protection Act of 2019 recovering substantial rent overcharges just got easier:
- SIX years of rent overcharges can be recovered, rather than FOUR years under the old law.
- SIX years of rent overcharges are subject to treble damages (three times the amount of the overcharge), rather than TWO under the old law.
ALL rent history that is “reasonably necessary” to make a determination can be reviewed, rather than only four years, with some exceptions, under the old law.
You may be rent stabilized:
Your “market” apartment may be rent regulated, entitling you to rent renewals and caps on rent increases. The new law makes it easier to determine if you are rent regulated.
Get the Advice and Guidance You Need –
If you believe you were overcharged by your landlord, then contact the highly skilled and experienced Tenant Rights Attorneys at Himmelstein McConnell Gribben & Joseph LLP to discuss the details of your case. We are available for a consultation today, so call us at (646)666-8496.