major capital improvements

construction workers standing on a street in New York

Affordable Housing

What is a 'major capital improvement' and how does it affect the rent?

By Celia Young |September 11, 2024 - 10:30AM

Troubleshooting

By Alanna Schubach |January 18, 2022 - 12:30PM

Affordable Housing

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

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

Roommates + Landlords

Ask Sam: Should my neighbors and I hire a lawyer to deal with a possible rent increase for an elevator repair?

… who represents tenants battling capital improvementrelated rent increases points out that many firms including … under the Housing Stability and Tenant Protect Act of 2019 HSTPA enacted in June 2019 there were a number of changes … In the past landlords have been able to institute permanent rent increases calculated based on the cost of these …

Sponsored By Himmelstein McConnell Gribben & Joseph LLP |March 4, 2020 - 10:00AM

Roommates + Landlords

Ask Sam: What's a 'major capital improvement,' and does it really mean my landlord can raise the rent?

Sponsored By Himmelstein McConnell Gribben & Joseph LLP |February 19, 2020 - 10:00AM

Rent

I'm a rent-stabilized tenant and I got a MCI increase lowered by $159,000 for my building

… J ulia Campanelli has lived in her rentstabilized apartment on West 34th between Ninth and … for 30 years Some of her buildings 134 units are rentcontrolled or market rate but more than half are … and major capital improvements for the building like a new boiler or new roof can also increase a stabilized …

By Nikki M. Mascali |May 16, 2019 - 12:00PM