Entries from Gothamist tagged with 'rentincrease'
November 26, 2007
The NY State Division of Housing and Community Renewal finally closed a loophole in rent regulations that would have allowed owners and landlords leaving government-subsidized housing programs to increase rents to market rates by citing "unique and peculiar" circumstances. According to the NY Times, some tenants' rents would have skyrocketed from $981/month to $4,500/month for a two-bedroom on the Upper West Side and from $1,000/month to $5,275/month for a three-bedroom, also on the Upper West......
Continue Reading "NY State Closes Rent Increase Loophole at Mitchell-Lama Buildings"
