Is there a difference between RENT CONTROL and RENT STABILIZATION?
Some of the people who email us say “rent controlled” but actually MEAN rent stabilized — they do not know the difference. Why is it so hard to be accurate? There is a difference between rent control and rent stabilization, as only about 50,000 rent controlled units exist vs. more than one million stabilized units and rent control has a different set of regulations than rent stabilization. The term “rent regulated” encompasses both rent controlled and rent stabilized units. By the way, the Rent Guidelines Board has the responsibility for setting rent adjustments for rent stabilized apartments. We have no jurisdiction over rent controlled apartments, which is the responsibility of the NY State Division of Housing and Community Renewal (DHCR). Rent Control: The rent control program generally applies to residential buildings constructed before February 1947 in municipalities that have not declared an end to the postwar rental housing emergency. A total of 51 municipalities have rent cont
