Quality Representation in NYC Real Estate Transactions + Litigation
The Price Law Firm LLC
Apartment Deregulation & Substantial Rehabilitation in New York, NY
Recovering & Deregulation Apartments Through Substantial Rehabilitation
Apartments registered with the Division of Housing and Community Renewal (DHCR) must be substantially renovated and made new in order to render the rent history irrelevant and remove its regulated status.
Since the enactment of the Housing Stability and Tenant Protection Act on June 14, 2019, landlords of rent-regulated apartments cannot point to simple renovations or tenants vacating apartments as justification for raising rents; they should be thoroughly prepared for the DHCR to consider their substantial rehabilitation application
The Price Law Firm’s expert rent regulation attorneys have prevailed in cases for clients on both sides of the apartment deregulation issue.
New York City Substantial Rehabilitation Attorney
Our attorneys have protected landlords’ investments and advise landlords on what qualifies an apartment for deregulated status, walking clients through steps that must be taken to legitimately and successfully recover apartments to charge a first rent at market value, including the certification of a substantial rehabilitation. We have also protected tenants from illegal rent increases and ensure affected tenants receive the accommodations to which they are entitled.
To learn more about the substantial rehabilitation process, or if you have questions regarding adjacent apartments, combining units and how tax abatement programs affect apartment deregulation, contact a knowledgeable New York substantial rehabilitation lawyer at The Price Law Firm in Manhattan
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1115 Broadway New York, NY 10010
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646-698-8657
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1115 Broadway New York, NY 10010