Thursday 30 April 2020

Rent freeze is looking more likely

A rent freeze for most rent-stabilized tenants is looking more likely after one of the two landlord representatives on the Rent Guidelines Board said Thursday that she can see the logic of no increase for one-year leases. Two-year leases, however, are another story. Patti Stone, an attorney with Rosenberg & Estis, said she “can understand the position that it should be zero for a year.” But she said banning increases for two-year leases for rent-stabilized



source https://therealdeal.com/2020/04/30/rent-freeze-is-looking-more-likely/

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