The Rent Stabilization Ordinance limits the frequency and amount of rent increases. “Rent” incudes both monetary payments and nonmonetary payments made in exchange for a dwelling place. Nonmonetary payments include bartering goods or services, and the “amount” of nonmonetary rent is the fair market value of the goods or services. “Rent” also includes payments made for any and all services provided by a landlord that are related to the use and occupancy of the rental unit, such as parking, pets, pools, janitorial services, and maintenance.
