Mayor Eric Adams signed Intro 70 into law on Wednesday, extending the city’s deadline for the Housing and Vacancy Survey (HVS) – a tool used to track housing stock and understand difficulties New Yorkers may face when trying to find affordable housing.
Sponsored by NYC council members and Housing and Buildings Committee Chair, Pierina Sanchez, Intro 70 extends the HVS deadline from April 1, 2022 to July 1, 2022. The law also ensures that rent stabilization regulations are maintained in the city.
