My landlord wants to renovate my rent-stabilized apartment. Can I pay for the upgrade to avoid a rent hike?

… to our experts One of the ways your landlord can raise your rent outside of annual increases set by the Rent Guidelines Board is through a renovation dubbed an … shouldnt renovate without permission … Its likely that your lease forbids you making any substantial upgrades to your …

By Celia Young |May 1, 2024 - 3:30PM
NY raises cap on rent increases at newly renovated rent-stabilized buildings

… Read on to learn how the new policy on Individual Apartment Improvements or IAIs for short could impact your … new closets according to the budget and the Division of Homes and Community Renewal DHCR which supervises … rent hikes were capped at $83 or $89 for $15000 worth of improvements over 15 years and those increases ended after …

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