The Division of Housing and Community Renewal (DHCR) recently updated its Web site with the necessary forms you have to fill out to start the process for increasing the rents of your rent-controlled apartments during the 2012-13 maximum base rent (MBR) cycle. Once you receive the orders of...
When you make improvements, such as installing a new refrigerator or replacing flooring, to your rent-regulated apartments, the owner may be entitled to an “Individual Apartment Improvement Rent Increase.” This increase is in addition to vacancy increases allowed by law or the...