The renovations will force residents to pack up their stuff and vacate their apartment for 2-3 weeks. They will be moved to a vacant apartment elsewhere in the building, and will have the option of staying in that apartment permanently or moving back to their old apartment once renovations are complete.
According to one of the many commenters on the blog, management expects rent to be raised $100 to $150 per month post-renovation.
A number of commenters expressed frustration with the project, the rent increases and a perceived lack of tenant input. Some have called for residents to organize to resist the renovations.