NEWBURGH – The City of Newburgh has released a rental vacancy study that found a vacancy rate of 3.93%, which makes the City eligible to declare a housing emergency requiring the regulation of certain residential rents under NYS Emergency Tenant Protection Act (ETPA). A public hearing has been scheduled for the December 11, 2023 City Council meeting.
The City’s rental vacancy study considered housing accommodations that would qualify for regulation under the ETPA: properties with six or more legally established residential units built prior to January 1, 1974. All other rental properties in the City of Newburgh were excluded from the study and would be excluded from regulation under the ETPA. A rigorous, multi-phased data collection process for the study began in May 2023 and was completed in August 2023. The study included 68 qualifying properties with 738 rental units. Only 29 vacant units were found available for rent by owner.
Following the December 11th public hearing, the City Council will continue to consider whether to move forward with a possible vote to declare a housing emergency and evoke ETPA protections.
The City of Newburgh’s rental vacancy study can be found on the City’s website here:
The presentation of the study at the November 6, 2023 City Council Work Session can be viewed here: https://newburghny.new.swagit.com/videos/280274