Property Management
A New York City rent-controlled apartment (as opposed to rent-stabilized) is subject to regulation under:
AThe NYC Rent Guidelines Board
BThe NYC Rent Control law, which applies to tenants who have lived in their units since before 1969 in buildings built before 1947✓ Correct
CThe New York State Division of Housing and Community Renewal for all rent increases
DThe same rules as rent-stabilized apartments since 2019
Explanation
NYC rent control (distinct from rent stabilization) applies to tenants who have continuously occupied their apartments since before July 1, 1969, in buildings built before 1947 (with certain exceptions). Rent-controlled apartments are subject to Maximum Base Rent (MBR) increases, not RGB guidelines. There are very few rent-controlled apartments remaining in NYC.
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