I thought most buildings had this 4% rent increase cap unless they’re specifically exempt. There was that whole thing with the Rivington (a new building) trying to jack up rents but they didn’t have an exemption to the rent control ordinance. I believe you can look up if buildings are exempt.
baconhawk8907 t1_itofhdh wrote
Reply to comment by objectimpermanence in $500 rent increase in West Side! by alex12m
I thought most buildings had this 4% rent increase cap unless they’re specifically exempt. There was that whole thing with the Rivington (a new building) trying to jack up rents but they didn’t have an exemption to the rent control ordinance. I believe you can look up if buildings are exempt.