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Lease Subordination Agreement New York Form

Lease Subordination Agreement New York Form

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renters in the five boroughs brace yourselves the rent guidelines board is suggesting double digit hikes for the city's rent stabilized apartments at a meeting today the panel appointed by the mayor all nine members suggested an eight and a quarter percent increase for a one-year lease and a nearly 16 percent hike for a two-year lease staggering numbers based on Rising operating costs revenues and inflation the board says expenses for buildings with stabilized units have increased by more than eight percent in the past year this number is not final as it still needs to be approved

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