NY raises cap on rent increases at newly renovated rent-stabilized buildings

… Rents at rentstabilized apartments in New York City could rise under a new policy included in … a landlord can increase a rentstabilized tenants rent in exchange for renovating the unit But its unclear if … will use the program  The budget which included a slate of housingrelated measures including Good Cause eviction …

By Celia Young |April 24, 2024 - 4:00PM