wneville's blog

Key Amendments to the Rent Stabilization Code

Owning and managing apartment buildings in New York City is not for the faint of heart. There are numerous rules and regulations to be aware of and comply with. Now, the Division of Housing and Community Renewal (DHCR) has issued amendments to the Rent Stabilization Code. In order to maximize the value and profitability of apartment buildings, owners and managers need to become familiar with the amendments.