My landlord wants to renovate my rent-stabilized apartment. Can I pay for the upgrade to avoid a rent hike?

… to our experts One of the ways your landlord can raise your rent outside of annual increases set by the Rent Guidelines Board is through a renovation dubbed an … new appliancesthey can increase a tenants rent by 1168th of the cost in buildings with 23 or more apartments …

By Celia Young |May 1, 2024 - 3:30PM
NY raises cap on rent increases at newly renovated rent-stabilized buildings

Rents at rentstabilized apartments in New York City could rise under … rent … In most cases a landlord could raise the rent up to $167 per month for a rentstabilized apartment in a building with more than 35 units or up to $179 per month at a property with 35 or fewer apartments …

By Celia Young |April 24, 2024 - 4:00PM