The compromise also orders the board to consider the feasibility of determining a monetary value of the work that small owners do themselves on their buildings - such as painting, repairs and maintenance - so that owners are not deprived of rent increases merely because they failed to pay others to make improvements.
So what happens is, you have an entirely necessary set of rent increases on the majority of tenants because rents go up on that older housing, where the increase in price doesn't lead to more housing being produced at all.
As a longtime resident of Manhattan who has been forced from my home because of unconscionable rent increases, I supported all efforts to keep the rent increases on New York City's rent-stabilized apartments at 2percent and 44 percent ["Raising the Rent, and Raising the Roof," June 11].
"A doctor wouldn't move because of a rent increase of 50 cents a square foot," Mr. Colhoun said.
A survey of UK private renters by BMG Research found that 27 per cent of current and past private tenants had been evicted by a landlord who wanted to sell, refurbish, or change the use of a property, or because of a rent increase.
He hopes the new version of P&G — the old one is losing its lease on Wednesday because of a rent increase and has until February to move — can succeed like the original.
But the city-run center, at 710 East Ninth Street, may have to close because of a rent increase.
The corporation had planned to reduce the size of the Renaissance Diagnostic and Treatment Center, also known as the Sydenham clinic, from 50,000 square feet to 7,000 because of a rent increase.
I visited Malchijah in his Fort Greene studio, but he is relocating to Crown Heights, because of a rent increase (942 Atlantic Avenue; $50-$50-$450
Last month, when its owner announced it would close by the end of January because of a rent increase, I started wondering about what made it so cool.
