Posted by JV on April 17, 2000 at 21:00:54:
In Reply to: Nope, it's posted by brenda on April 17, 2000 at 16:38:55:
: Under the 1993 law (unless it's been changed since then) the rule is $250,000 in income for the preceding two years AND the rent is over $2000.
: If the apt. is vacant, however, it is decontrolled over $2000.
look it up from the homepage:
it's 175000., for the last two tax years.
and not just 'vacant': if the legal rent is 2000 while a legal tenant lives there AND then this tenant moves out, the next tenant is destabilized.
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