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For my upcoming lease, the landlord wants to apply the rent guideline increase of 2 percent or $20, whichever is greater, to the current rent for the garage.
Current rents for prime buildings average $54.84.
Current rents for vacant apartments are 15 to 20percentt below the market rents before Sept. 11, he said.
That kind of planning will allow for the conversion of much of the existing affordable housing stock in a cost-effective manner with future mortgages and carrying charges coming in at close to current rents for Mitchell-Lama and other subsidized tenants.
Under the new lease, the city will get a minimum of $65 million a year in rent for the airport for the next decade, compared with current rent of $18 million.
Charlie Campbell, whose grandfather opened the bar during World War II, said the landlord had asked for double the current rent of $17,500 a month.
In an opening skirmish last week, Bruno blocked an effort by the Democratic-controlled Assextendtheextend the current rent laws for another four years.
"If we don't make the legislators more afraid of tenants than they are of Joe Bruno," he said, "we'll lose". In an opening skirmish last week, Bruno blocked an effort by the Democratic-controlled Assextendtheextend the current rent laws for another four years.
But he said the party was again in arrears for current rent.
It's going from $5,200 per tenant to the difference between the tenant's current rent and the market-rate rent for a comparable apartment over two years.
Top left: This is the basis for your current rent stream.
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