Under New York's rent stabilization laws, a landlord may legally increase rent in all of the following situations EXCEPT:
Correct Answer
B) When the tenant's household income increases by more than 25% in a single year
Rent increases based on tenant income changes are not permitted under current New York rent stabilization laws. The Housing Stability and Tenant Protection Act of 2019 eliminated high-income deregulation provisions.
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Previous Question
A tenant in a rent-stabilized apartment in Brooklyn has been paying $1,800 per month. The tenant discovers the landlord has been charging illegal rent overcharges for the past three years. Under New York's rent stabilization laws, what is the tenant's primary legal remedy?
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A building owner in Queens wants to convert rental apartments to condominiums. The building contains 20 rent-stabilized units. What notice period must the owner provide to rent-stabilized tenants before proceeding with the conversion?