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Re: rent increase: 24%: same as stabilized vacancy- YES

Posted by JBS on June 25, 2000 at 17:52:08:

In Reply to: Re: rent increase: 25%: same as stabilized - NOT posted by Mark Smith on June 25, 2000 at 17:09:57:

New guidelines which take effect Fall 2000 = 4-6% plus the vacancy increase would be minimum of 24%. Shel's increase is 250/1050, or 23.81%.

Happy now? (lighten up!: it was a Q&D estimate)

And, BTW, are you suggesting that the RGB does NOT take into consideration the vacancy increase (which is now state law and out of their hands) when they set these rates?

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