If I want to lease the whole vacant building to a nonprofit how can we ensure that the potential tenants won't become stabilized?
answered on Feb 5, 2020
If the building is operating under a municipal contract to provide housing to the homeless, then the tenants are exempt from rent stabilization. If there is no municipal contract, however, it is subject to rent stabilization unless otherwise exempt. One of those exemptions is where a charitable... Read more »
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