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A04680 Summary:
BILL NO | A04680 |
  | |
SAME AS | No Same As |
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SPONSOR | Fitzpatrick (MS) |
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COSPNSR | Tague |
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MLTSPNSR | Manktelow |
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Amd 26-405 & 26-511, NYC Ad Cd; amd 6, Emerg Ten Prot Act of 1974 | |
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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. |