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Re: What rent increases are allowed after a gut renovation?

Posted by Blue Zephyr on January 09, 2002 at 00:11:04:

In Reply to: What rent increases are allowed after a gut renovation? posted by carlson on January 08, 2002 at 18:34:37:

: Do the rent laws regulate the increases a landlord can charge to a tenant who moves back into the same apartment he/she formerly occupied *following* the landlord's gut renovation of the building?

If the landlord accepted subsidized loans to finance the renovation, then the building may remain under rent stabilization. Otherwise, a gut renovation would virtually always remove the building from rent stabilization.

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