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When you get hit with a rent cut for a decrease in services, act quickly to get the rent restored to its former level. Otherwise, you stand to lose a lot of money. For each rent-stabilized tenant whose rent gets cut, you’ll lose at least the most recent guidelines increase. For each rent-controlled tenant, you’ll lose an amount that depends on the type of service decrease. For either rent-controlled or rent-stabilized tenants whose rents get cut, you also can’t collect any rent increases for their apartments until the DHCR issues a rent restoration order.
