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Re: J51 Procedure

Posted by DK on December 22, 1998 at 19:27:04:

In Reply to: J51 Procedure posted by Marco on December 22, 1998 at 13:34:01:

: Can anyone tell me whether there is any way to prevent a landlord from raising the rent on stabilized apartments to market levels where a J51 tax abatement has expired? THANKS!
There may be some technical loopholes. Does the lease advise the tenant that there will be an increase upon J51 expiration? Is the increase a disguised retaliatory eviction? Was there a federal or state program besides J51 that provided funding?

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