I live in a 421-a building where all apartments are stabilized for 20-years. My lease states both a preferential rent, and a legal rent, however the preferential rent is clearly indicated as "for the duration of tenancy." What happens in 18-years (my building was built 2-years ago) when the 421-a program expires? Will I lose my preferential rent?
Why do you keep starting new threads? This issue was discussed at length in your previous thread. Please continue there. Locking this thread.
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