Property Management
Under New York City Rent Control, rents are regulated for:
AAll apartments built after 1974
BA small number of apartments in buildings built before 1947 with continuous tenancy since before July 1, 1971✓ Correct
CCommercial properties only
DCo-op apartments
Explanation
NYC Rent Control applies to a diminishing number of apartments in buildings built before 1947 that have been continuously occupied by the same tenant or their permitted successor since before July 1, 1971.
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