A judge’s decision about Hoboken’s rent control laws only applies to enforcement regarding certain situations, and does not put the Rent Control Ordinance as a whole in jeopardy, Hoboken City Hall said today.
Most buildings built in Hoboken before 1987 are governed by rent control, which limits how much they can raise the rent each year. The size of the increase is usually limited to the increase in the Cost of Living Index, usually 2 or 3 percent per year.
There are some exceptions, such as a vacancy decontrol of 25 percent every three years.
Recently, a taxpayers’ group challenged in court the city’s enforcement of certain aspects of the law. This week, a judge sided with some of their claims.
However, claims that the ruling threatens the ordinance as a whole are false, the city said.
The 1972 Rent Control Ordinance has proven one of the biggest controversies in the city in the last 37 years, as some believe it has outlived its usefulness, while others think it protects long-time tenants from being arbitrarily kicked out.
To read more specifics on this case and the city’s reaction, check out the BRIEFS section in the print edition of the Hoboken Reporter this weekend, or read it on this website starting Sunday.
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