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Eliminating Major Capital Improvements

New York State Senator Michael Gianaris and New York State Assemblyman Brian Barnwell have introduced legislation that would do away with Major Capital Improvements (MCI) for apartments in an effort to protect tenants’ rights. According to an article from Crain’s New York Business, the MCI program began in the 1970’s which allowed landlords to make capital improvements to their buildings and pass the costs onto the tenants by raising their rents.
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Understanding Rental Increases

Landlord-tenant disputes can occur for numerous reasons with the most common issues arising due to the non-payment of rent.

According to the New York State Attorney General, the rental units are described as follows:

  • Regulated Housing (rent controlled and rent stabilized);
  • Unregulated Housing (private ownership);
  • Special Housing (mobile homes, residential hotels, lofts); and
  • Government-Financed Housing (section 8, public housing).

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Navigating the Termination of Lease and Eviction Process

Eviction Isn’t Easy:
Navigating the Termination of Lease and Eviction Process

 

Evicting a tenant usually isn’t on your everyday “to-do” list. Unfortunately, while renting out space to another individual, conflicts may arise. According to landlordology.com, the top five common reasons for eviction are:

  • Nonpayment of rent;
  • Lease violation(s);
  • Property damage;
  • Illegal or drug-related activity; and
  • Expiration of a lease.

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