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

… you can hire a licensed contractor and pay for the renovation yourself though thats not very common according … increases set by the Rent Guidelines Board is through a renovation dubbed an individual apartment improvement IAI … And your landlord needs your consent to renovate while you live in the apartment … Your landlord has a reason to let …

By Celia Young |May 1, 2024 - 3:30PM