New York’s rental rules have changed a lot since 2019. Here’s a plain-English overview of the laws every NYC landlord should know, and where to find the details.
Rent stabilization
Rent stabilization generally covers buildings with six or more units built before 1974, plus newer buildings that took certain tax benefits. The NYC Rent Guidelines Board sets allowable increases each year, stabilized tenants have the right to renew, and units must be registered with New York State Homes and Community Renewal (HCR).
The Housing Stability and Tenant Protection Act (2019)
This state law reshaped the rental market. It:
- ended high-rent and vacancy deregulation of stabilized apartments;
- capped security deposits at one month’s rent statewide;
- limited late fees and application fees;
- required 30, 60, or 90 days’ notice before raising rent 5% or more or not renewing a lease.
Good Cause Eviction (2024)
Since April 2024, many market-rate tenants in NYC are covered by the state’s Good Cause Eviction law. Landlords of covered units need a valid reason to evict or not renew, and rent increases above a set threshold (tied to inflation, with a cap) can be challenged. Exemptions include small landlords, many newer buildings, and certain higher-rent units. Check whether your building is covered.
The FARE Act (2025)
Since June 11, 2025, the party who hires a broker pays that broker. If you hire us to rent your unit, you pay our fee. Listings must also disclose all tenant fees upfront. Read more in Broker Fees.
Fair housing and screening
- Refusing tenants because they use vouchers or other lawful income is illegal in NYC and New York State.
- NYC’s Fair Chance Housing law limits when and how criminal history can be considered.
- Ads can’t state preferences based on protected classes.
Who enforces what
| Agency | Handles |
|---|---|
| HPD | Housing maintenance code, building registration, violations |
| HCR | Rent stabilization and rent control |
| Rent Guidelines Board | Annual stabilized rent increases |
| DCWP | FARE Act and broker fee complaints |
| NYC Commission on Human Rights | Discrimination, including source of income |
| Department of Buildings | Construction, permits, certificates of occupancy |
For day-to-day duties, see Landlord Obligations & Tenant Rights. For renewals, see Lease Renewals & Increases.
General information, not legal advice. Laws change; confirm details with the agency or an attorney.