Why rent control isn’t always all it’s cracked up to be

… where developers received tax breaks for doing extensive renovations With almost 1 million rentstabilized apartments … fix or remodel rentcontrolled properties A Major Capital Improvement MCI for example which is an upgrade that impacts … several factors including operation and maintenance when improvements and updates are made the buildings value goes …

By Alanna Schubach |August 31, 2016 - 2:46PM