New Rent Increase Limits On Major Capital Improvements and Individual Apartment Improvements

With the passing of the Housing Stability and Tenant Protection act of 2019, landlords are significantly inhibited from recovering a bulk of their costs for improvements, such as MCI and IAI, to their rent-regulated buildings.

Real Estate, ConstructionRobert LumSeptember 5, 2019Individual Apartment Improvements, Major Capital Improvement, Rent Regulations, Housing Stability and Tenant Protection act of 2019, litigation

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BLOGS

© 2018-2024 | Lee & Lum, LLP | All Rights ReservedAttorney Advertising. Content posted does not constitute legal advice nor does it establish an attorney-client relationship. Prior Results Do Not Guarantee A Similar Outcome.

© 2018-2024 | Lee & Lum, LLP | All Rights Reserved
Attorney Advertising. Content posted does not constitute legal advice nor does it establish an attorney-client relationship.
Prior Results Do Not Guarantee A Similar Outcome.