Call Gov. Cuomo at 518 474-8390 or 212 681-4580 and tell him to go back to the drawing board and come up with a deal that protects tenants.
Issue
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What tenants need
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What Cuomo is offering
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Vacancy deregulation
(motivating landlords to oust regulated tenants, losing affordable apartments forever)
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Repeal of vacancy deregulation
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Rent at which vacant apartments can be de-regulated goes up from $2500 to $2700 and is indexed to Rent Guidelines Board orders.
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MCI and IAI increases
Major Capital Improvement and Individual Apartment Improvement rent increases (now permanent)
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Limit the increases to end when the cost of the improvement has been re-paid.
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Reduce the permanent increase by 1/3.
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Vacancy bonus
Right now, landlords get a 20% rent increase just because an apartment has become vacant. That motivates them to kick out tenants to get to the vacancy decontrol threshold.
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Cut the bonus.
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No change
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Rent law renewal term
As long as vacancy deregulation is in effect, we’re losing affordable apartments.
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One year renewal
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Four years
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Preferential rent
Tenants renting at below the legal regulated rent (LRR) can be hit with LRR increases on lease renewal.
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Close the loophole
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No change
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