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#11
07-09-2011, 08:23 PM
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In NYC, landlords of rent-controlled apartments are entitled to 7&1/2 % increases, every year. However, before being granted that raise, they must pay a filing fee for each rent-controlled apartment AND certify that their buildings are free of violations. That's why many rent controlled tenants never see their rents go up, as some landlords don't see it as worth their while.
Last edited by brickyardkennedy; 07-09-2011 at 09:25 PM. 
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