NYC rent stabilization applies to buildings built before:
Question & Answer
Review the question and all answer choices
1947
Option A (1947) is incorrect because this predates the major expansion of rent stabilization laws. While some protections existed earlier, the 1947 cutoff is too early and doesn't reflect the current application of rent stabilization.
1974
1990
Option C (1990) is incorrect because buildings constructed after 1974 but before 1994 may be subject to rent stabilization if they received tax benefits, but the general cutoff for pre-existing buildings remains 1974.
2000
Option D (2000) is incorrect because this is too recent. Buildings constructed after 1974 have different rules, and post-2000 construction is generally not subject to rent stabilization unless specific conditions apply.
Why is this correct?
Answer B is correct because NYC rent stabilization laws were significantly expanded in 1974 to cover more buildings. Buildings constructed before this date with 6+ units are generally subject to rent stabilization, making this the accurate cutoff date for this regulatory framework.
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