Among the many questions landlords have asked since the passage of New York’s new rent stabilization law concerns vacant apartments: Can rent increases approved by the Rent Guidelines Board be applied to these units? The state’s housing regulator just weighed in and the answer is … maybe. In a recent memo, the state division of Homes and Community Renewal advises that it will be up to the city’s RGB to determine if landlords can increase […]
source https://therealdeal.com/2019/09/13/state-punts-question-of-rent-increases-on-vacant-stabilized-apartments-to-city/
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