The Binghamton City Council Planning Committee held a town hall meeting on January 13, 2025, to discuss proposed tenant protection laws aimed at enhancing housing security for residents. The meeting focused on a local law that would allow the city to opt into specific tenant protections, which include three main features: safeguarding tenants against unjustified or retaliatory evictions, granting the right to renew leases at reasonable rents, and limiting rent increases to either 10% or 5% plus the Consumer Price Index (CPI), which currently stands at 8.45%.
During the discussion, it was noted that certain exemptions would apply to these protections. Units built within the last 30 years, public housing with existing rent regulations, co-ops, condos, manufactured housing units, and owner-occupied buildings with fewer than 11 units would not be covered under the proposed law.
A significant point raised was the definition of a "small landlord." The proposed law suggests lowering the threshold from the state-defined limit of 10 units to just 1 unit. This change aims to close loopholes that allow landlords to evade regulations by operating multiple LLCs. If adopted, this adjustment could increase tenant coverage from 23% to 84%.
The law also includes provisions for evictions, which would only be permissible for specific reasons, such as nonpayment of rent, lease violations, or if the landlord intends to use the property for personal purposes. The meeting highlighted that while the law aims to prevent arbitrary rent hikes, landlords would still be able to raise rents to cover legitimate increases in maintenance, insurance, and taxes.
Attendees were encouraged to ask questions and engage in discussions about the proposed protections. The meeting concluded with an invitation for residents to sign up for updates on the progress of the proposed law, indicating a commitment to transparency and community involvement in the legislative process.