Posted by consigliere on January 05, 2002 at 15:59:29:
Jay Romano has written an excellent article, Court Foils Rent-Rise Formula, for the Real Estate section of The New York Times, with a thorough and easy-to-read explanation of how tenants in rent controlled apartments were spared huge retroactive and current rent increases based on a change in the Maximum Base Rent formula:
http://www.nytimes.com/2002/01/06/realestate/06HOME.html
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