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Resolution calling upon the New York State Legislature to pass and the Governor to sign legislation that would create a review process for Individual Apartments Improvement rent increases and make such increases a temporary surcharge rather than a permanent rent increase.

  • Adopted

History

Mar 11, 2015
City Council
Pass
Approved, by Council

Mar 10, 2015
Committee on Housing and Buildings
Hearing Held by Committee
Mar 10, 2015
Committee on Housing and Buildings
Amendment Proposed by Comm
Mar 10, 2015
Committee on Housing and Buildings
Amended by Committee
Mar 10, 2015
Committee on Housing and Buildings
Pass
Approved by Committee

Affirmative

Absent

Mar 2, 2015
Committee on Housing and Buildings
Hearing Held by Committee
Mar 2, 2015
Committee on Housing and Buildings
Amendment Proposed by Comm
Mar 2, 2015
Committee on Housing and Buildings
Laid Over by Committee
Feb 26, 2014
City Council
Referred to Comm by Council
Feb 26, 2014
City Council
Introduced by Council
Res. No. 86-A
 
 
Resolution calling upon the New York State Legislature to pass and the Governor to sign legislation that would create a review process for Individual Apartments Improvement rent increases and  make such increases a temporary surcharge rather than a permanent rent increase.
 
 
By Council Members Williams, Arroyo, Johnson, Mendez, Rosenthal, Rodriguez, Cornegy, Garodnick, Van Bramer, Levin, Gibson, Kallos and Lander
 
Whereas, Under New York State law, owners may make Individual Apartment Improvements (IAI) to rent regulated units, and permanently increase the rent in such units by 1/40th the cost of the improvement in a building with 35 or fewer units and by 1/60th the cost of the improvement in buildings with more than 35 units; and
Whereas, Such increases require the filing of a notice with the New York State Division of Housing and Community Renewal (DHCR) only if the apartment is occupied by a tenant; and
Whereas, An IAI rent increase is added to the base rent for all future rent increases; and
Whereas, It is unfair to charge tenants for improvements long after the landlord has recouped his or her cost; and
Whereas,  DHCR should have a review and approval process for IAI rent increases in order to reduce the risk of unwarranted rent increases; and
Whereas, Such a review and approval process may result in fewer IAI rent increases and allow units to remain in the rent regulation system for a longer period of time; and
Whereas, A five-year rent surcharge for IAIs, rather than a permanent rent increase, should help ensure that tenants are not charged for improvements long after the landlord has been fully compensated for the cost of the improvements; now, therefore, be it
Resolved, That the Council of the City of New York calls upon the New York State Legislature to pass and the Governor to sign legislation that would create a review process for Individual Apartments Improvement rent increases and make such increases a temporary surcharge rather than a permanent rent increase.
 
JLC/SAK
Res 114/2010
LS 291/2014
2/26/15 12:11 P.M.