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An
Introduction to the NYC Rent Guidelines Board
and the Rent
Stabilization System
By
Timothy Collins
Revised Edition January 2013
This
introduction to the New York City Rent Guidelines Board covers
the structure, function and history of the Board and its role in
the rent stabilization system. Some attention has also been given
to the broader regulatory environment affecting all residential
landlord/tenant relations within the City. This
book is broken down into multiple sections and is entirely in PDF format.
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The entire Intro to the Board may be downloaded by clicking here, or individual sections, tables, charts and appendices may be downloaded below:
TABLE OF CONTENTS
List
of Tables and Charts
List
of Appendices
List
of Other Noteworthy Materials
Preface
Acknowledgements
Introduction
Membership on the Board
-
Composition
of the Board, terms of office, eligibility for appointment
- Vacancies
and removal
-
Conflicts
of interest & financial disclosure
- Board
member compensation
-
Bylaws
of the Board
- Rent Guidelines Board staff & use of consultants
- Rent Guidelines Board's web site: nycrgb.org
-
Legal
status of the Board
- Rent
regulation prior to the establishment of the Board
-
Post-World
War I controls
-
Great Depression
-
World
War II Era Controls
- Rent
Stabilization
-
Chapter
576
-
Omnibus Housing Act of 1983
-
Rent Regulation Reform Act of 1993
- Rent Regulation Reform Act of 1997
- Rent Law of 2003
- Rent Act of 2011
- Noteworthy
aspects of selected court cases
- Constitutionality of rent regulation
- U.S. Supreme Court's treatment of rent control laws
- Challenges
to rent control laws before the NY Court of Appeals
Main
Features of Rent Stabilization
- The
landlord/tenant context - objectives, enforcement and primary
provisions of the RSL, ETPA, RS Code and related laws
- affordability
- habitability
- security
of tenure
- fair
returns
- the
commensurate rent formula
- protection
against tenant abuses/subletting, lease assignment, succession
rights, primary residence
Administration
of rents under rent stabilization: the role of the Division of
Housing
and Community Renewal (DHCR)
- Major
Capital Improvements (MCI's) and individual apartment improvements
- hardship
rent increases
- Fair
Market Rent appeals
- overcharge
proceedings
- other
adjustments in rent (air conditioners, failure to maintain services,
failure to register, vacancy and income deregulation)
Duties
of the Rent Guidelines Board
- establishment
of the basic rent adjustments for renewal leases in apartments,
hotels and lofts
- special
orders
- sublet
allowances
- supplemental
rent adjustments
- special
guidelines & decontrolled units
- electrical
inclusion adjustment
- buildings
with J-51 or 421-a tax abatements
- stabilizers
- other
- fractional terms, escalator clauses
- exemptions
to orders
- warehousing exemptions
- registration exemption/hotels
- resolutions
- research & mandated
considerations
- economic
condition of the residential real estate industry
Price Index of
Operating Costs (PIOC)
Price Index Projections
RGB Rent Index
Income & Expense
Study
- the
cost and availability of financing:
Mortgage Survey Report
- overall
supply of housing and overall vacancy rates:
Housing Supply
Report
Changes to the Rent Stabilized Housing Stock
report
- data
from the cost of living indices:
Income and
Affordability Study
- other
data: summary of special research from 1989-2000
- meetings,
hearings and administrative procedures
- meetings
- hearings
- administrative procedures
- voting
meetings - order of business
- final
orders and explanatory statements
Posted online
03/08/13
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