New York, NY · Member since 2013 · 20 posts · 0 votes
Hi,
The 2-family house was owner-occupied till we bought as an investment. Today we got a letter from Rental Control board of West New York, NJ. We need to register the house as rental control. What's the base rent or rent cap for 3-bedroom under rental control in WNY?
I'm astonished at the lack of disclosure that realtors and even your own lawyer can get away with. From rent control laws to the eminent reval in Jersey City that will raise taxes on some properties by 100%, buyers are being surprised when they shouldn't be.