jane williams
jane williams
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4 years ago
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is a landlord in a rent stab. apt allowed to charge the rent increase by what they say the apt. is worth like you pay 1550 but they charge you the 8% of say 2300

in a rent stab. apt do you pay the say 8% increase of what you pay or can the landlord say you pay for what we say its worthN.Y.C.
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James St. Vincent
James St. Vincent
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4 years ago
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Pretty sure that the rent increase is on what you currently pay. If they were able to add the 8% on to what they deam "market value" the apartment wouldn't really be rent stabilized. I'm not an expert though, might want to consult the NYC tenant rights handbook

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