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Rent Increase Legal?

Posted by Joe on May 01, 1998 at 19:54:19:

28 Unit apartment building with a certificate of occupancy date of 1985. My Landlord just announced a $200/per month increase to renew my lease. Is that legal? My wife and I have been in the building for three years and have paid moderate increases every year... last year was $75/month.

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