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Re: Rent Increase Caps for Free Market Apartments (NON RENT STABILIZED)

Posted by TenantNet on January 06, 2000 at 10:46:33:

In Reply to: Rent Increase Caps for Free Market Apartments (NON RENT STABILIZED) posted by Brian Roces on January 06, 2000 at 10:22:35:

: Is there a increase cap on Free Market apartments? My new lease is a 10% increase. Is that legal? What instruments do they use to determine what the increase is ala RGB 2%-4% increases? I currently live in a COOP building with a number of rental units and of course owner occupied, approx 72 apts.

They use a direct correlation of how many times MTV blocks the sidewalks
on Broadway.


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