The new law requires publicly posted notices in all buildings with at least one rent-stabilized unit.
A new law, the Rent Transparency Act, requires New York City apartment buildings with any rent-stabilized units to post a notice informing tenants of the regulated units, according to a report from NBC New York. The law requires landlords to provide instructions to tenants for how to find out if their unit is rent-stabilized. “It must also be posted in a public, common area where all current renters can spot the flyer.”
According to the act’s sponsor, Council Member Sandy Nurse, “The Rent Transparency Act is a simple but powerful way to ensure that more than two million New Yorkers living in rent-stabilized homes know their status and aren’t being overcharged.”
Read the full story: NYC rent-stabilized apartments must now post public notices
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