Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 1 month ago on . Most recent reply

How Can I Remove a Property from Rent Stabilization in NYC?
Hi all,
I’m an investor looking to understand how to legally remove a property or unit from rent stabilization in New York City. If I purchase a building with rent-stabilized tenants, are there any legal ways to de-stabilize the units, especially after doing significant renovations or rehabbing the property? What criteria or requirements must be met for this to happen, and what’s the process I need to follow to ensure compliance with the law?
Thanks in advance for any insights or experiences!