What is the security deposit limit in New York?

Since the Housing Stability and Tenant Protection Act (HSTPA) of 2019, New York limits security deposits statewide to 1 month rent. This applies to all residential rentals regardless of rent level.

Does New York have rent control?

Yes. New York City has one of the most complex rent regulation systems in the US, including rent stabilization (covering ~1 million apartments) and rent control (smaller, older program). Outside NYC, rent regulation is limited.

How much notice does a New York landlord need to give before non-renewal?

Under the HSTPA: 30 days for tenancies under 1 year, 60 days for 1–2 year tenancies, and 90 days for 2+ year tenancies. This is significantly more notice than most states require.

How long does a New York landlord have to return a security deposit?

14 days from move-out, with an itemized statement of deductions. Failure to return within 14 days waives the landlord's right to any deductions.

Are NYC commercial leases subject to rent regulation?

No. Commercial leases in New York are entirely governed by contract, not rent regulation. NYC commercial tenants have very limited statutory protections compared to residential tenants.

New York Tenant Rights & Lease Laws

Security Deposit Rules

Maximum Deposit Varies

Return Deadline 14 days after move-out

Interest Required No

Notice Requirements

Landlord Entry Notice 24 hours

Lease Termination Notice (Month-to-Month) 30 days

Rent Increase Notice 30 days

NYC commercial leases with Yellowstone injunction provisions — ask your attorney before signing any commercial lease over $5,000/month. Personal guaranty clauses in NYC commercial leases that extend beyond the initial lease term. Residential leases attempting to limit rent stabilization rights — often unenforceable but a red flag. High-rise residential leases with aggressive renovation and restoration clauses.

Rent Control

Rent Control: Yes (some jurisdictions)

Habitability & Repair Requirements

New York landlords are required to maintain rental units in habitable condition. New York is strongly tenant-protective by law, particularly in New York City. Rent stabilization covers nearly 1 million NYC apartments. The Housing Stability and Tenant Protection Act of 2019 significantly strengthened tenant rights. Commercial tenants have almost no statutory protection and are fully at the mercy of lease terms.

Eviction Process

New York City's residential market has vacancy under 2% — the lowest in the country. Manhattan 1BR averages $3,500–5,000/month. The outer boroughs are $2,200–3,500/month. Commercial rents in Midtown Manhattan range from $60–120/sqft for Class A office. NYC commercial leases routinely require personal guaranty, 6 months security deposit, and aggressive holdover provisions at 150–200% of base rent.

Tenant Protections & Notable Laws

Frequently Asked Questions

What is the security deposit limit in New York?: Since the Housing Stability and Tenant Protection Act (HSTPA) of 2019, New York limits security deposits statewide to 1 month rent. This applies to all residential rentals regardless of rent level.
Does New York have rent control?: Yes. New York City has one of the most complex rent regulation systems in the US, including rent stabilization (covering ~1 million apartments) and rent control (smaller, older program). Outside NYC, rent regulation is limited.
How much notice does a New York landlord need to give before non-renewal?: Under the HSTPA: 30 days for tenancies under 1 year, 60 days for 1–2 year tenancies, and 90 days for 2+ year tenancies. This is significantly more notice than most states require.
How long does a New York landlord have to return a security deposit?: 14 days from move-out, with an itemized statement of deductions. Failure to return within 14 days waives the landlord's right to any deductions.
Are NYC commercial leases subject to rent regulation?: No. Commercial leases in New York are entirely governed by contract, not rent regulation. NYC commercial tenants have very limited statutory protections compared to residential tenants.

Cities in New York

Find city-specific lease guides for major markets in New York: