The Tenants Transparency Act, introduced by Council Member Sandy Nurse and passed by a supermajority in the City Council, aims to empower New York tenants through increased transparency about rent-stabilized apartments. Effective in 2026, the law mandates landlords to post notifications about rent-stabilized units and to file annual reports to the New York State Division of Housing and Community Renewal. This initiative encourages tenants to challenge illegal rent hikes, demand better conditions, and restore units that have been wrongfully deregulated, thereby promoting a fairer rental market.
The Tenants Transparency Act empowers renters by requiring landlords to disclose the status of rent-stabilized units, informing them about their rights and resources to fight illegal rent hikes.
By mandating annual filings and signage in common areas in both English and Spanish, the law aims to promote transparency and help tenants understand their unit's status.
Council Member Sandy Nurse's introduction of the Tenants Transparency Act was motivated by her personal experience with illegal rent overcharges after moving into her rent-stabilized apartment.
The law aims to restore illegally deregulated units and ensures tenants can access information regarding their rights, turning the tide against tenant exploitation.
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