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You are a landlord in NYC and subject to rent stabilization code and are wanting to increase your rents through apartment renovations. Generally to do

You are a landlord in NYC and subject to rent stabilization code and are wanting to increase your rents through apartment renovations. Generally to do the kind of renovation you want, reasonable contractors would charge you $30,000. Do you think it would be a good idea to use your own contractors and charge back $40,000 so you can get a larger rent increase? Defend your answer.

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