Calculating a Stabilized Rent
Q. I rent a one-bedroom apartment in Manhattan. The building used to be all rent-stabilized, but then some of the apartments, including mine, became market rate under the high-rent/high-income deregulation law. Recently, however, the landlord received a J-51 tax abatement, which requires all apartments to be rent-stabilized until December 2018. Is my now-stabilized rent based on […]