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The fees are steep, typically totaling as much as 15% of the annual rent, about $7,000 for the average-priced New York City apartment. NYC bans unusual practice of forcing tenants to pay real ...
Failure to provide these may allow the tenant to receive a lower rent. [4] Outside of New York City, the state government determines the maximum rents and rate increases, and owners may periodically apply for increases. In New York City, rent control is based on the Maximum Base Rent system. A maximum allowable rent is established for each unit.
The 1918–1920 New York City rent strikes were some of the most significant tenant mobilizations against landlords in New York City history. [2] A housing shortage caused by World War I had exacerbated tenant conditions, with the construction industry being redirected to support the war effort. In addition, newly available defense jobs ...
Many landlords would rent office space to small companies or start-ups. If those companies got into financial trouble, they would fail to make payments on the property but refuse to give up the space, forcing the property owners to go through the process of eviction. [1] This led to the demand, and creation of the Good Guy Clause.
Around 1 million New York City residents will soon be at risk of rent increases for their rent-stabilized apartments. The New York City Rent Guidelines Board determined landlords can raise their ...
The rent strike of 1904 was the first mass rent strike in New York City's history [5] [1] and lasted nearly a month. [1] It was initially organized informally among Jewish immigrant women in the Lower East Side, [5] who canvassed the neighborhood for support and organized strategy meetings, pickets, and tenants unions. [3]
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