Setting Rent for Unit Previously Rented to Commercial Tenant

Setting Rent for Unit Previously Rented to Commercial Tenant



Q One of my apartments had been commercially rented for three years and is registered as exempt from rent regulation. Now, I'd like to rent out the apartment to a residential tenant. How do I calculate the rent for an incoming rent-stabilized tenant? Is there a process to “bridge the gap” to set the new stabilized rent?

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