New York City's Local Law No. 30 and Local Law No. 31 of 1970 were enacted together and became effective on August 1, 1970. The former provided, insofar as here relevant, for general increases in maximum rents up to a limit of 15% of the July 31, 1970 maximum rent (Administrative Code of City of New York, § Y51-5.0, subd. a, par. [2]). The other enactment, Local Law No. 31, exempts a certain...
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