Finance and Rent Laws
This abatement typically lasts anywhere from 10 to 25 years but also decreases over time.
What is the 421-A
A document that states, there can only be one change of occupancy, every 6 months.
What is a conduit or corporate lease rider?
Our brand promise.
What is Expect More at Home?
Our largest annual resident event.
What is The Fall Harvest?
He is a master developer, visionary, UMich alum, and tax lawyer (and so much more).
Who is Stephen Ross?
Passed in 2019, this law created financial burdens for landlords, including limitations on rent increases and stricter eviction procedures.
What is the HSTPA
Entity that sets rent % maximum increases on 1 and 2 year lease terms.
What is the RGB?
Name of the tool we use to survey our residents.
It's our CRM.
The year that Related Companies was founded.
What is 1972?
What law did NYS pass to protect destabilized renters from renewal % increases greater than 8.7%?
The GCE Act
Provides the surplus or deficit of expiring leases throughout the year.
What is the Rolling Expiration Profile
The most important aspect of in-person communication.
What is Body Language?
The event series we host every summer for our residents.
What is Rooftop Yoga?
Epitomizing the, "Live, Work, and Play" concept, the first phase of this 28-acre megadevelopment opened in March 2019.
What is Hudson Yards?
The annual increase in rent relative to the cost of capex.
What is ROI?
An exclusive collection of our most sought after properties
What is the Reserve collection?
Name of the metric that measures someone's likelihood to recommend Related to a friend/family member/colleague.
What is Net Promoter Score?
A new social channel opportunity for advertising that allows for company-specific targeting.
Launched about a month ago, this is the organization's vertically integrated data center development and investment platform.
What is Related Digital?
A financial projection or forecast that outlines a property's expected income, expenses, and cash flow over a specific period, used for investment analysis and decision-making.
What is a pro forma?
These two NY Related Rentals buildings have a condo component.
What are One Carnegie Hill and Caledonia?
The point during their lease when a resident receives the Resident Experience Survey.
What is 6 month mark?
You need to do this to a rental inquiry in order to enable remarketing efforts.
What is Close Rental Inquiry?
The location of the first Related Companies project - a 150-unit apartment complex.
Where is Woonsocket, Rhode Island?