March 30, 2022
NEW YORK – New York City Mayor Eric Adams today signed into law Intro 70, extending the deadline for the city’s Housing and Vacancy Survey (HVS). Sponsored by Pierina Sanchez, Member of the New York City Council and Chair of the Housing and Buildings Committee, Intro 70 extends the HVS deadline from April 1, 2022 to July 1, 2022.
“I am thrilled that my first bill signing and hearing will be one that gets things done for tenants and workers in New York City,” said Mayor Adams. “Too many New Yorkers are struggling to keep a roof over their heads and put food on the table, and this bill gives the city the time it needs to make an informed decision on the expansion. stabilization of rents.
“The Housing and Vacancy Study is an essential tool for tracking our housing stock and understanding the on-the-ground realities for New Yorkers trying to find affordable housing for their families,” said Jessica Katz, New York Housing Manager. “I am grateful to Council Member Sanchez for understanding how important it is for the city to have enough time to accurately assess the state of our housing market. We cannot rush a review on short notice when rent stabilized housing is at stake. This bill will allow us to do our job well.
“For more than 50 years, the New York City Housing and Vacancy Survey has been the most trusted source of information on the city’s vacancy rate, housing supply and condition, and the continued need for rent regulation. In light of the effect of the pandemic on New York City tenants, collecting in-depth citywide data is more important than ever,” said New York City Department of Housing Preservation and Development Commissioner Adolfo Carrión Jr. “We are pleased to have the Council’s support to extend the deadline to allow the New York City Vacant Housing Survey to more accurately assess the state of housing in this city.”
“The pandemic is still impacting New York City on multiple fronts, including exacerbating the housing affordability crisis that preceded the arrival of COVID,” said Adrienne Adams, President of the New York City Council. “Extending the housing emergency determination period in our city will allow tenants to remain protected under rent stabilization laws for longer. I thank Council Member Sanchez for her leadership on this important legislation. »
“Stabilized housing is critical to maintaining affordability for our New Yorkers,” said New York City Council Member Pierina Sanchez. “This bill is essential to ensure that rent stabilization can continue in New York City, based on the appropriate results of the city’s vacancy survey. I am proud to have sponsored this bill as the first act as chair of the housing and buildings committee, and I look forward to continuing all efforts to maintain rent stabilization for the two million households New Yorkers who rely on city leaders to uphold our rent stabilization laws. in this city.”
The HVS is completed every three years in accordance with New York State and New York City rent regulation laws, however, the survey scheduled for 2020 was initially postponed due to the 2021 U.S. Census , then due to the COVID-19 pandemic. Under New York State law, the city’s rent stabilization law is triggered by a “housing emergency,” which is in effect when the city’s rental housing vacancy rate – such as measured by the HVS – is less than 5%.