New York A04877 allows cities with populations over one million to declare housing emergencies if vacancy rates are 5% or less, and other cities.

New York A04877, the "rent emergency stabilization for tenants act," allows cities with populations over one million to declare housing emergencies if vacancy rates are 5% or less. It also authorizes other cities, towns, and villages to declare housing emergencies after considering publicly available data and holding public hearings. The bill mandates that identifying data or information be kept confidential and not shared outside the vacancy study. It also allows smaller cities, towns, and villages to add classes of accommodation to regulation in buildings with fewer than six units.

New York A04877 allows cities with populations over one million to declare housing emergencies if vacancy rates are 5% or less, and other cities.

New York A04877, the "rent emergency stabilization for tenants act," allows cities with populations over one million to declare housing emergencies if vacancy rates are 5% or less. It also authorizes other cities, towns, and villages to declare housing emergencies after considering publicly available data and holding public hearings. The bill mandates that identifying data or information be kept confidential and not shared outside the vacancy study. It also allows smaller cities, towns, and villages to add classes of accommodation to regulation in buildings with fewer than six units.