Limiting increases of occupancy fees for self-storage units and restricting the reasons for termination of an occupancy agreement.

A Local Law to amend the administrative code of the city of New York, in relation to fee disclosures for self-storage facilities and storage warehouses

This bill would require self-storage facilities and storage warehouses to provide 60 days’ notice prior to increasing an occupant’s storage fees. In addition, self-storage facilities would not be permitted to terminate occupancies without providing an explanation for such termination. Violations of the prohibitions in this bill would be subject to civil penalties not to exceed $1,000.