Bill Title: Provides for an alternative hardship allowance for landlords in New York city rent controlled apartments which allows a hardship rent increase where a building's annual net income is less than 8.5 percent of the equalized assessed value.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Introduced) 2024-01-03 - referred to housing [A04680 Detail]

Text: Latest bill text (Introduced) [HTML]

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