The heated back-and-forth between tenant and landlord groups in advance of the State Senate's consideration of a slew of new rent legislation continues in the Times today, with a report by a tenant advocacy group that claims landlords are usually BSing when they raise rents on regulated apartments for major capital improvements. The current rules allow landlords to raise rents 1/40th the cost of the renovations, while the new laws would change the formula to 1/84th. [NYT, previously]
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