Establishes a tax rebate program for rent-stabilized housing that targets buildings with individually occupied rent-stabilized apartments where the property tax burden significantly exceeds rental income.
Prohibits the mayor from residing in a rent stabilized apartment; authorizes a landlord of a rent stabilized accommodation to bring a special proceeding to evict the mayor.
Requires that no homeless shelter shall be located within five hundred feet of a transit facility or within a building that has a rent-controlled or rent-stabilized dwelling unit.
Directs the division of housing and community renewal shall conduct a study on the demographics of tenants living in rent-stabilized apartments in Nassau, Rockland, and Westchester Counties, and in the City of Kingston; provides for the repeal of such provisions upon the expiration thereof.
Directs the division of housing and community renewal shall conduct a study on the demographics of tenants living in rent-stabilized apartments in Nassau, Rockland, and Westchester Counties, and in the City of Kingston; provides for the repeal of such provisions upon the expiration thereof.
Requires an annual inspection and audit process which shall review five percent of individual apartment improvement notifications for rent stabilized apartments outside of the city of New York; requires additional audits where violations are found.
Increases amount of rental payments defined as rent constituting property taxes for purposes of deduction from gross income for property tax payments; increases property tax credit option for certain individuals.
Limits the liability of low-income housing providers who receive government assistance; establishes a temporary insurance stabilization program for such entities.