New York Statutes

§ 12 — Application

New York·Law ERL Emergency Housing Rent Control Law 274/46 337/61

§ 12. Application.

1.Whenever the commission shall find that, in any\nmunicipality specified by the commission, (a) the percentage of\nvacancies in all or any particular class of housing accommodations is\nfive per centum or more, or, (b) the availability of adequate rental\nhousing accommodations and other relevant factors are such as to make\nrent control unnecessary for the purpose of eliminating speculative,\nunwarranted, and abnormal increases in rents and of preventing\nprofiteering and speculative and other disruptive practices resulting\nfrom abnormal market conditions caused by congestion, the controls\nimposed upon rents by authority of this act in such municipality or with\nrespect to any particular class of housing accommodations therein shall\nbe abolished in the manner her

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