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Expanded Loft Law: Can owner raise rent 6% upon filing?

Public Housing (NYCHA), SRO, HUD, HPD, Mitchell Lama, Lofts, Coop/Condo

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Expanded Loft Law: Can owner raise rent 6% upon filing?

Postby loftlaw » Fri Aug 19, 2011 2:15 pm

We wonder if there have been other cases where the owner raised rent 6% upon filing with the LoftBoard or subsequently with the DOB for alteration.

We suspect that this is not legal as new rules have not been promulgated yet.

Any legal opinions, experiences, legal challenges out there?

Thanks!
loftlaw
 
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