Does That Building Have Stabilized Apartments? It'll Soon Be Easier to Know - City Limits

Does That Building Have Stabilized Apartments? It'll Soon Be Easier to Know - City Limits

The City Council’s just-passed “Rent Transparency Act” will require landlords of buildings with regulated units to display a sign in common areas disclosing that status. “Many tenants living in rent stabilized units don’t know how to determine their legal rent, and in turn, bad landlords have gotten away with illegal rent overcharges and have illegally deregulated units and whole buildings,” said Councilmember Sandy Nurse, who sponsored it. Apar…