major capital improvements

construction workers standing on a street in New York

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

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

… … Your condo building has a number of options for funding the cost of … new guidance that prevents borrowers from buying in buildings with low reserve funds to pay for structural … sales to condo buyers who need financing Often when a condo building needs to make major improvements the board opts for …

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?

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?

… tenants are legally entitled to safe clean livable homes which means your landlord must make repairs to address … on this NYSHCR fact sheet and further details are on their FAQ page The most common are windows boiler and heating … justify a higher rent … Rent … Affordable Housing … Roommates + Landlords … Ask a Renters Rights Lawyer … boards …

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