§ 611 — Rent stabilization and regulatory agreements

§ 611. Rent stabilization and regulatory agreements. 1.\nNotwithstanding any other provision of law, including the provisions of,\nor any regulation promulgated pursuant to, the emergency tenant\nprotection act of nineteen seventy-four or the rent stabilization law of\nnineteen hundred sixty-nine, the state division of housing and community\nrenewal, when supervising housing accommodations under provisions of law\nother than the emergency tenant protection act of nineteen seventy-four\nor the rent stabilization law of nineteen hundred sixty-nine, the New\nYork city department of housing preservation and development, the New\nYork state urban development corporation, the New York state housing\nfinance agency, the New York state housing trust fund, and the New York\ncity housing development corporation, or such other state or municipal\nagency, political subdivision, public benefit corporation, or\ninstrumentality as the state division of housing and community renewal\nshall identify, may, by agreement with an owner of a multiple dwelling,\nsubject any housing accommodation in such multiple dwelling to the\nemergency tenant protection act of nineteen seventy-four or the rent\nstabilization law of nineteen hundred sixty-nine, or both, if applicable\nto the municipality. The requirements of such agreement shall supplement\nany requirements imposed on such housing accommodation pursuant to any\nother provisions of law.\n 2. Any agreement between a state or municipal agency, political\nsubdivision, public benefit corporation, or instrumentality described in\nsubdivision one of this section and an owner of a multiple dwelling that\ncontains provisions that are consistent with subdivision one of this\nsection and that is in effect as of the effective date of this section\nis and will remain valid and enforceable.\n