What is the difference between rent stabilization and rent control in New York?
Rent control sets specific maximum rents on specific units (often based on a base rent set decades ago, with limited annual increases). Rent stabilization caps annual increases by a percentage but does not freeze the rent itself. New York has a statewide rent stabilization framework: Good Cause Eviction, Part HH of 2024 State Budget (only in NYC and municipalities that opt in). Some New York cities (where applicable) have local rent-control or stabilization ordinances that override state default. The two regimes have different exemptions and procedures; check the specific local ordinance before assuming state-default rules apply.
Source: RPL 226-c (HSTPA 2019)
This is an informational answer based on RPL 226-c (HSTPA 2019) as of early 2026. It is not legal advice. Housing law changes year to year and local ordinances (especially in rent-controlled or rent-stabilized cities) can override or add to state law. For contested cases, consult a New York-licensed attorney.