Tenant groups demand freeze on rent increases through apartment improvement program

While a state agency stalls on issuing guidance for a regulated apartment improvement program, tenant groups are challenging pending rent increases at four buildings in Inwood. The state’s division of Homes and Community Renewal indicated in November that it would release new guidance for the Major Capital Improvements program — which allows landlords to increase stabilized rents in exchange for building-wide improvements — by June 2020. And in another blow to landlords, the agency said

source https://therealdeal.com/2019/12/18/tenant-groups-demand-freeze-on-rent-increases-through-apartment-improvement-program/