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