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rent increase Archives

Notorious NYC landlord pleads guilty on felony counts

This is not our first blog post to spotlight New York City landlord Steven Croman, who many of our readers likely know something about, either from the persistently adverse press garnered by that individual and his residential management companies or from painful experiences they can personally relate.

When J-51 tax abatements expire, are you stuck paying higher rent?

According to the New York City Rent Guidelines Board, landlords may or may not be able to raise the rent in buildings with J-51 benefits. It depends on whether rent stabilization applied to the building before it received the J-51 benefits. If so, the benefits expiring do not change the rent regulation status.

Isn't affordability a central factor re NYC rent increases?

Some readers of this blog, and many New York City residents generally, might be flatly bewildered by reasoning recently advanced by an advocate for city landlords regarding increases on rent-stabilized apartments.