New York homeowners are going to raise stabilized rents

The upcoming autumn million new York tenants can significantly increase the cost — it is likely that apartments with stabilized rent will cease to be as accessible as before.

At least, that such a request was made by the landlords to the municipal authorities, and they went to meet them.

Thursday standards Board rental voted to consider increasing the allowable allowances for tenants of budget apartments (it is now 1.25% per annum) 0.75-2.75% per year. In sum, it will be 2-4%.

Within two years, an increase of 2% propose to raise to 1.75-3.75%.

If the proposal is approved at the forthcoming meetings, since October 1 the innovation hurt the pockets of the tenants. Okonchatelnoe the decision should be made before June.

Recall that, under the current rules, stable rents established for homes on 6 or more apartments (excluding cooperative apartment buildings) built before 1974. Such in the Big Apple about half.

While this is one of the best options of rental housing after controlled apartments charge that to remove almost unreal.

 

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