New York policy
A11226: Authorizes owners of certain condominium units to apply to raise rents in excess of certain guidelines as an alternative to making a hardship application
NY Assembly · Sponsor Michael J. Fitzpatrick
- Jurisdiction
- New York State
- Applies to
- New York State (proposed)
- Effective
- May 1, 2026
What it requires
Authorizes owners of certain condominium units to apply to raise rents in excess of certain guidelines as an alternative to making a hardship application, where such raise is necessary to exceed annual operating expenses by at least 5%.
ny-stateassemblylegislationbill
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