rent control

(redirected from Rent controlled)
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rent control

regulation by law of the rent a landlord can charge for domestic accommodation and of his right to evict tenants.
References in periodicals archive ?
The landlords' "logic" runs something like this: If a city is rent controlled, landlords won't invest in their properties because there's not much profit to be made.
An advertisement in a recent issue of New York magazine showed one strategy for landing a rent controlled apartment: huge finder's fees.
The property contains approximately 74 units--59 of which are rent stabilized and 14 that are rent controlled.
Ten times a $400 rent controlled rent is a heck of a lot less than ten times a $4000 decontrolled rent, and those rent control vacancies were very rewarding.
The RTC had attempted to use its powers granted by Congress to repudiate leases and to evict non-purchasing tenants who had rent stabilized and rent controlled leases in the non-eviction plan condominium.
Owners should determine if their tenants are rent controlled, old stabilization law or ETPA now, so if and when there is a change in the ETPA, or the law sunsets and is not renewed in some fashion over the following few weeks, they will know what is legally acceptable for each tenant.
An Appellate Division has unanimously agreed with an owner's group that the Division of Housing and Community Renewal (DHCR) has wrongly calculated rent increases for rent controlled tenants.
It's almost impossible to get rent stabilized tenants to move, they say, even with recent changes to policies, and as for rent controlled tenants, well, more than one Midtown skyscraper is cantilevered over a crusty old tenement.
In fact, using incomes from 1995, the HVS found 339 tenants paying $500 to $999 a month who make more than $250,000 and live in rent controlled units.
The new figures show that 3,137 rent controlled tenants and 53,590 rent stabilized tenants have incomes of over $100,000, buoying long-held owner beliefs that many tenants are being unfairly subsidized by building owners.
The poor pay 50 to 60 percent of their income for rent controlled or stabilized units and in my mind that's disgraceful.