Sunday, July 14, 2019

Tremendous Victory in Albany: 2019 Housing Stability and Tenant Protection Act

After years and then finally months and weeks and days of tremendous pressure by tenants, and a change in party-control of the NYS Senate (yay, elections!), we now have the 

The new law will change many things state-wide for tenants.  Instead of making it easier for landlords to replace lower-paying tenants with higher-paying tenants (a great investment tactic for hedge funds), the new law makes it easier for tenants to keep their homes.   The summary below is not complete and is not legal advice. (See some other summaries here and here.)  In addition, the rent laws no longer have an automatic "sunset" date.  They are permanent, which may be why landlords have filed suit in federal court to undo the rent law changes

Click on "read more" for a comparison chart of some of the changes between what we had and what is in the new 

In addition, read explanations about it