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

Rents at rentstabilized apartments in New York City could … can increase a rentstabilized tenants rent in exchange for renovating the unit But its unclear if landlordswho say … some nuance around longterm occupancy that should pick up units that need more significant work and will result in …

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