Over the years, politicians have expanded the controls through a complex web of rules, governing rents
Modest job growth and a slowing economy notwithstanding, US office market asking rents
Major Manhattan retail corridors continued to see rents
increase for ground floor space, as the median price per square foot climbed 12.
Tenant advocates said some of the surge in rents
is due to increasing abuse of the law by landlords who are evicting and finding other ways to drive out tenants so they can get market rates for units.
If the cumulative rent
under the lease agreement exceeds $250,000 and the rents
are increasing, the lease agreement may be ignored and the income to the landlord and the deductions to the tenant determined by the present value of future lease payments.
Based on the independent appraisals of the Ventas facilities, the Company believes that both the existing aggregate rents
and the 3 1/2% annual rent
escalator under each Master Lease Agreement are already well above market.
According to the just-released national Studley Effective Rent
Index 2006 (SERI), total rents
, tenant effective rents
, and landlord effective rents
all showed marked increases as 2005 drew to a close.
Apartment hunters in Los Angeles Country during 2002's final quarter caught a break as both rents
and vacancy rates remained essentially flat, an industry tracker reported Monday.
According to the agreement" applies when rents
increase or decrease, but there is no prepaid rent
or deferred rent
without adequate interest.
Architecture firms and their creative ilk who have long been attracted to midtown south, whose hip atmosphere and airy lofts serve up the perfect office space for tenants with an inclination for the artsy and fashionable, have begun pushing towards its less expensive fringes as rents
in hot submarkets like SoHo, Union Square and the meatpacking district continue to chart a dramatic path upwards.
Carlson's group is unhappy about what it calls unfair rent
hikes and subpar living conditions in Glendale, and its initiative - if passed - would impose strict limits on rents
for residential and commercial landlords.
Under the first, SSP would pay them $21,000 annual rent
plus 40% of the annual gross rents
in excess of $52,500; the $21,000 was guaranteed even if SSP did not rent
the condominium to any third parties.
Freund slammed the current system employed by the RGB to set the rents
, saying, "We think this is an absurd way to do business.
DC MS, 1/11/78, rents
were found to be excessive and unreasonable in amount; consequently, a portion of the lessee's rent
deduction was disallowed.
The ceiling rents
were an artificially low maximum rent
for any unit-which really took into account the fact that the product the authority was offering was not the best, shall we say.