I renewed my lease with no rent increase. Why do I have to pay extra for a new major capital improvement?

… substantial improvement to the building they can raise your rentbut only to an extent  our  experts  say An MCIthat is a … is an improvement that benefits all tenants in a rental building Updates like a new boiler elevator or roof … the rent stabilization threshold Legislation passed  in 2019 capped MCI rent increases among many other reforms Now …

By Alanna Schubach |November 15, 2021 - 12:30PM