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Finding out what our rent increase will be

Posted by Martha on February 07, 2000 at 11:27:01:

Our apartment is in Manhattan. It is not rent stabilized, because when we signed our first lease, the rent was slightly over $2000 per month. (This was in February of 1995.) Our rent is now $3000 per month, and we know that similar apartments in our building are renting for $4500 per month.

Our current lease will be up in Feb. of 2001 and we are worried that the landlord will raise our rent sky high, forcing us to look for something to buy. Is there some point (prior to getting the new lease in the mail) at which the landlord is required to tell us how much of an increase he is planning on our apartment ... if we ask him.

Also, if we have to break our lease, and are unable to find a tenant to sublet our apartment, are we still liable for the rent after the landlord fills the vacancy (which it is in his interest to do)?

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