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Environmental Issues Ny Disclosure RequirementsRent_stabilization_rent_controlEASY

A landlord in New York City wants to remove an apartment from rent stabilization. Under what circumstances can a rent-stabilized apartment be legally deregulated?

Correct Answer

C) When the monthly rent reaches the high-rent threshold and the apartment becomes vacant

Under current New York law, rent-stabilized apartments can be deregulated when the legal rent reaches the high-rent threshold (currently $2,774.76 as of 2026) and the apartment becomes vacant. This is known as high-rent vacancy deregulation.

Answer Options
A
When the monthly rent reaches $2,500 and the tenant's household income exceeds $200,000 for two consecutive years
B
When the landlord pays a deregulation fee to the New York State Division of Housing
C
When the monthly rent reaches the high-rent threshold and the apartment becomes vacant
D
When the building converts to cooperative or condominium ownership

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Related Topics & Key Terms

Key Terms:

deregulationhigh_rent_vacancyrent_thresholdHSTPA
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