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NYS passed Good Cause Eviction Protections against rent hikes and unfair evictions in April 2024. If you are eligible for Good Cause, you now have a right to remain in your home as long as you pay rent and follow your lease.

Tenants Celebrate 50th Anniversary of Rent Stabilization in New York

Rent Stabilization Signed Into Law 50 Years Ago Today

For fifty years, rent stabilization has kept New Yorkers in their homes

Tenants call for strengthening and expanding rent stabilization to keep rents affordable

NEW YORK – On May 29, 1974, New York’s rent stabilization system, the Emergency Tenant Protection Act, was signed into law by Governor Malcolm Wilson, making today its 50th anniversary. The anniversary comes just a day before the next public hearing of the Rent Guidelines Board in Queens, where tenants will call for a rent freeze.

As rents skyrocket and New York becomes less affordable for working and middle class families, rent stabilization has kept everyday New Yorkers in their homes. Rent stabilization is a key protection for Black and brown families at risk of being gentrified out of their neighborhoods and out of the city: 71% of rent stabilized tenants are people of color.

A January report from the New York City Comptroller’s office found that “NYC’s rent regulation programs and large stock of subsidized housing allow us to retain a large number of low, moderate, and middle-income residents who would otherwise have been priced out of the city long ago.”

Cea Weaver, Coalition Director for Housing Justice for All said, “For 50 years, rent stabilization has kept New Yorkers in their homes and neighborhoods. Now it’s time to update rent stabilization for the next 50 years by strengthening and expanding it. Every New Yorker deserves a home where they can set roots for the long-term. We can make that possible by expanding rent stabilization to cover every tenant and reforming the Rent Guidelines Board to stop Mayor Adams and his real estate industry donors from jacking up New Yorkers’ rents.”

“Rent-stabilization has been a necessity in allowing me and my family to stay, to have a home. I see rent stabilized housing as a system of water. It has the fluidity to allow different people to stay. It connects the stories of different bodies as working class families fighting for a place that is here to stay. As we celebrate 50 years of ETPA, let us continue the legacy of the organizers before us and expand rent stabilization for the future generations with their own stories and fights.” said Bingjie, a high school student who lives and grew up in Manhattan Chinatown and a youth leader at CAAAV: Organizing Asian Communities.

“Rent stabilization is important because I cannot afford to pay any more rent than I already pay. I’ve lived in my home for 24 years. Two months and 3 days after I moved to a new neighborhood in Brooklyn, there was a gang related attack at my place of business, a barbershop, that landed me in the Kings County hospital for 7 months. When I was released from Kings County I found a different place to live and found my current rent stabilized apartment, and I’ve been there ever since,” said Melson Briscoe, a retiree in Brownsville, Brooklyn and member of HOPE Tenant Union.

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