Pass-Throughs Back at the RSO Commission for 9th Time
At the January meeting the Rent Stabilization Commission will take a record NINTH swing at crafting a recommendation to City Council concerning pass-through surcharges. In prior meetings commissioners found agreement to limit the cumulatively cost of any pass-throughs plus the maximum allowable annual rent increase to 10% of the base rent. Beyond that outer bound the commissioners have split on nearly every pass-through under consideration. At this meeting commissioners will try to come to some agreement on whether landlords should be able to pass through the cost of seismic retrofit, capital improvements and other major costs; and if so whether both Chapter 5 and Chapter 6 rent-stabilized tenants should pay for it.
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