NY property manager law

[Logan Graham]

I have been doing some research in regards to what you can charge your property managers for rent. Click here to see what I found so far. By the looks of this you can only charge them what the cost of an apartment of similar value in 1975. Let me know what you see and how to make sure everyone is in compliance with this law in New York. 

http://www.labor.ny.gov/formsdocs/wp/CR141.pdf