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A07348 Summary:

BILL NOA07348
 
SAME ASNo Same As
 
SPONSORFitzpatrick
 
COSPNSR
 
MLTSPNSR
 
Amd 26-405 & 26-511, NYC Ad Cd; amd 6, Emerg Ten Prot Act of 1974
 
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.
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