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Council advances Rent Transparency Act to require rent‑stabilization signage in buildings
Summary
Intro 10-37A would require owners of multiple dwellings with rent-stabilized units to post notices in common areas directing tenants to the New York State Homes and Community Renewal site and warning of landlord fines for failing to register units. Sponsors said the bill aims to reduce illegal overcharges and help tenants determine lawful rent.
The City Council on May 28 considered Intro 10-37A, the Rent Transparency Act, which would require common-area signage in buildings with rent-stabilized units to inform tenants how to check unit status with the New York State Division of Homes and Community Renewal (DHCR) and to warn landlords about penalties for failing to…
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