By: Sydney Harewood. LRSP, NYC
Broker: LEVEL
5 West 37th Street
New York, NY 10018
www.nycexclusiveapts.com
#NYCexclAPTS
Phone: 646-535-3819
Email: sharewood@levelgroup.com
New York City’s brand‑new Rent Transparency Act (Local Law 86 of 2025) makes one thing crystal‑clear: if your building contains even one rent‑stabilized apartment, a bilingual sign must go up in a common area by the end of January 2026 telling residents exactly how to check their unit’s legal rent history with DHCR. (New York City Council)
Milestone | Date | What Happened |
Council vote | 28 May 2025 | Intro 1037‑A passed with 49 “ayes.” (New York City Council, Belkin · Burden · Goldman, LLP) |
Mayor’s lapse‑into‑law | 27 Jun 2025 | Became Local Law 86 without signature. (New York City Council) |
Effective date | 210 days after enactment → ~31 Jan 2026 | Owners must have the sign posted. (New York City Council) |
Quick infographic
[May 28 ’25] Bill Passed → [Jun 27 ’25] Enacted → [Jan 31 ’26] Signs Due
Any multiple dwelling that contains one or more rent‑stabilized units—including mixed market/affordable properties or 421‑a buildings. (New York City Council, HPD Signs NYC, Belkin · Burden · Goldman, LLP)
“This building contains one or more units that are subject to the Rent Stabilization Law of 1969. To find out if your unit is registered as rent‑stabilized, contact the New York State Division of Housing and Community Renewal (DHCR)… Owners that fail to file may be subject to penalties.” (New York City Council)
Placement: Conspicuously in the lobby/entry or other common area where tenants naturally pass. (New York City Council, Brownstoner)
Format: HPD will publish the official template before the law takes effect (sample mock‑ups already circulate online). (HPD Signs NYC)
Violation | Civil Penalty |
No sign posted | $50 – $150 initial fine |
Ongoing failure | $25 per day until corrected |
Landlords still must:
The Act simply adds a building‑wide disclosure layer to boost visibility and tenant awareness. (rsinclair.substack.com, amNewYork)
Disclaimer: This blog is for informational purposes only and does not constitute legal advice. Owners and tenants should consult counsel for guidance on their specific circumstances.
Sydney Harewood is a real estate professional with a passion for NYC’s architectural gems. For inquiries, call or message Syd at 📞646-535-3819. Experience the finest in NYC real estate with Syd’s expert guidance and deep knowledge of the city’s most exquisite properties.
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