Provides an alternative hardship allowance based on 8 1/2% of assessed value
Summary
Provides for an alternative hardship allowance for landlords in New York city rent controlled apartments which allows a hardship rent increase where a building's annual net income is less than 8.5 percent of the equalized assessed value.
Bill status
failed
1 of 4 stages cleared
Introduction
Apr 2017
Committee Review
Floor Vote
Governor
Introduced Apr 24, 2017
Last action May 31, 2018
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
2
May 31, 2018
Assembly · Failed
HELD FOR CONSIDERATION IN HOUSING
Jan 3, 2018
Assembly · Referred to committee
REFERRED TO HOUSING
Apr 24, 2017
Assembly · Referred to committee
REFERRED TO HOUSING
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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