City appraisers put the building's value at $ 232 million, including the contract rent paid by Carbide to Sunbelt.
2.
Carbide accuses the city of discrimination because it has not included contract rent in evaluating any other property, said Marjorie Wilder, a lawyer for Carbide.
3.
Ricardian rent should not be confused with contract rent, which is the " actual payments tenants make for use of the properties of others . " ( Barlow 1986 ).
4.
The HAP contract also binds the owner to rent to income-qualified ( i . e ., low-income ) households, with the subsidy covering the difference between 30 percent of a tenant's adjusted income and a predetermined and accepted contract rent.
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