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Here are the highlights that owners of rent-regulated apartments need to be aware of.
On Oct. 23, the DHCR announced that it filed the necessary “Notices of Adoption” required by law to enact rent regulatory amendments to the Rent Stabilization Code, the Tenant Protection Regulations, and the New York State and City Rent Control Regulations. Originally proposed last August, the amendments now have been published in the NY State Register and became effective on Nov. 8.