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Posted by brenda on May 28, 2000 at 11:03:47:

In Reply to: Housing Court Decisions - Erroneous Notes By Attorney Summarizing The Case posted by Mark Smith on May 28, 2000 at 08:00:45:

: If the Golub Notice had not been timely served, then the landlord would have to renew the lease and wait another two years (if the tenant wisely chose a two-year renewal lease) to serve a timely Golub Notice near the end of the term of the renewal lease.

Just a naive question, if you don't mind -- why would a tenant be wise to choose a two-year renewal?
In recent years it has made more economic sense to choose one-year renewals, because of the lower increase. Since a landlord must renew the lease, why renew for two years if one year makes more economic sense?

Follow Ups:

• Re: Two-year renewal? to avoid same lawsuit Anna 05/28/00 (5)
  • Re: Two-year renewal? to avoid same lawsuit brenda 05/29/00 (4)
    • Re: Two-year renewal? to avoid same lawsuit Mark Smith 05/30/00 (3)
      • Re: wasted space Pauli 05/30/00 (2)
        • I'll Answer The Questions That I Choose To Answer Mark Smith 05/31/00 (1)
          • Is the grammar expert having a hissy fit? K.C. 05/31/00 (0)

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: : If the Golub Notice had not been timely served, then the landlord would have to renew the lease and wait another two years (if the tenant wisely chose a two-year renewal lease) to serve a timely Golub Notice near the end of the term of the renewal lease.  

: Just a naive question, if you don't mind -- why would a tenant be wise to choose a two-year renewal?
: In recent years it has made more economic sense to choose one-year renewals, because of the lower increase. Since a landlord must renew the lease, why renew for two years if one year makes more economic sense? 


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