80/20
… given tax breaks in exchange for setting side for lowincome renter 20 percent of the units in their buildings These apartments are considered rentstabilized and so are subject to rent stabilization law regarding their legal usage Most leases say that the apartment shall be used exclusively as a …
… the neverending fight for affordable housing and the 421a tax abatement zoning battles galore L train and streetcar … Blasio feud an updated version of the controversial 421a tax abatement is expected to be reinstated this year … years adds Maundrell I think theres a great opportunity to live in neighborhoods that have a lot of residential …
… of Services complaint with the DHCR See all Ask a Renters Rights Lawyer Sam Himmelstein Esq represents … and tenant associations in disputes over evictions rent increases rental conversions rent stabilization … … viewbublogpanes=ymalinline … Dear Sam I live in a brandnew 8020 building and the landlord is adding in a brand new …
… for a spot in one of the citys rare affordable 8020 rentals often when you look into a buildings income requirements and rents theres an inevitable followup question Who can really … protections besides the comparatively low rents All of the leases you sign in these buildings are rentstabilized leases …
… landlord about your finances even after youve signed the lease an increase income isnt likely to cause you problems … annual review submitting information on your current financial situation But even if you report new higher levels of income during this review you arent likely to be booted from your home Most lowincome …
