Unsheltered: What You Need to Know as a New York Tenant [The New York Times]
CORELOGIC (CLGX)
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Source: The New York Times
By Grace Ashford May 20, 2018 New York’s roughly one million rent-regulated apartments make up the largest portion of affordable housing in the city. Officially, there are mechanisms in place not only to govern the amount of rent charged for these units but also, crucially, to protect the rights of the people who live in them. In practice, though, the burden largely falls on tenants to be proactive in holding their landlords to account. It’s a complicated system and can be confusing to navigate. Here’s a quick primer on what your rights are and how to exercise them. Find Out If Your Apartment Is Regulated There are two types of rent regulation: rent stabilization and rent control. Both are intended to protect tenants from large rent increases and guarantee that they can stay. If you live in a rent-controlled apartment, you probably already know it (for one thing, it will have been in your family since 1971 or earlier). But it is entirely possible to move into a rent-st
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