Fixing the Loft Law

NYCLT is going to Albany on February 29 to start lobbying for changes to the Loft Law.

Here is our current list of “asks” – some of these are more politically feasible than others…

  • reduce 6/8/6% compliance increases
  • Re-define “incompatible use”. Define: “photo lab, bakery, woodshop, paper recycling” as compatible uses
  • eliminate or reduce the 550 sq feet provision
  • make the Loft Law supersede any previous stipulation agreements
  • skip 2nd and 3rd compliance rent increases when landlord files for “no-work” permit
  • extend 6 month application window
  • eliminate rent escalators in existing leases, so tenants only have compliance increases
  • include units in buildings where other units have residential CO’s
  • making essential services + maintenance issues actionable without extensive court cases

We are presently working with Vito’s office in Albany to make bills out of these.

Typically each year there is one loft tenant bill with all our requests which only passes the Assembly but not the Senate, and then one or two more narrow bills which have a better chance in the Senate. (E.g. last year there was a cleanup bill with many of these requests, but it was only Essential Services which passed the Senate.)

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