The bill that has radically reformed New York City’s rent laws impacting rent regulated and rent stabilized housing was signed by Governor Cuomo on Friday, June 14, 2019. The Housing Stability and Tenant Protection Act of 2019 reportedly marks the first time in decades that major reforms to the rent laws have been enacted; and for the first time extends the protections to other counties that choose to opt in and are facing a housing emergency. The signing came just moments following passing by the state legislature — State Senate and Assembly passed the omnibus bill with a reported vote 36 to 26 and 95 to 42 respectively; and just hours before the slated June 15th expiration of the rent regulations. How the new laws of the pro-tenant reform designed to dramatically reduce the number of units that are leaving the rent-regulated system will be implemented is reportedly up to the city’s Rent Guidelines Board (RGB), which will be “working within a framework involving a long tradition of crowded conditions, and landlord and tenant friction” according to reports.