Rent Stabilization and Deregulating six families in NYC

[Anthony Perez]

Hi, 

I just wanted to know if any of you had any information on raising rents on six families in New York. I have deal at the moment with low market rents. I want to go ahead and rehab some units but need to factor the increases to my spending on the units. I know about 1 to 2 year leases but what about tenants that have been there for 5+ years? Any advice would be helpful.