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Re: Stabilized to destabilized: New lease

Posted by Will on August 17, 2000 at 08:04:29:

In Reply to: Stabilized to destabilized: New lease posted by Mike on August 17, 2000 at 01:31:07:

If you had had no prior notice then stabilization laws would protect you. But since the apartment is deregulated the landlord isn't even obiligated to give you a lease. Take the will give you a year to weigh the options. With no lease you could have become a month to month. This would subject you to potential eviction and rent increases on a month to month basis with 30 days notice.


: Hey all of you, thanks for your advice on my posting about going from a stabilized to de-stabilized status, but unfortunately everyone answered the question I already knew the answer to: Yes I am aware that I have to be given fair warning about my de-stabilized status, and I was given fair warning.

: BUT, HAVING PUT THAT PAST US, let me post the situation again - because I have all these technicalities which I need some expertise on.

: So here's the situation, one more time:
: : My apartment bldg's J-51 stabilization expired, which I was well forewarned of, and I'm now facing the prospect of siging a new de-stabilized lease.

: My landlord first offered me a two-year lease.

: This is a 150 unit building.

: I know other tenants in the building who were given two-year, destabilized leases.

: I signed the 2-year lease, (the landlord hadn't signed it yet) and the landlord then killed the deal, saying they changed their minds and they were now offering me a one year lease.

: Do I have the right to consider this new offer of a one-year lease a "new offer" thereby making the new lease effective 120 days after I received it? (which would be about 3 months past the original lease beginning date of August 1). And if that's the case, do they then have to offer me a lease STATING the new beginning date?

: Do I have any recourse at all? I feel jilted by these people for backing down on their initial offer, especially knowing that other tenants in the building were provided with two-year leases.

: : This building has no tenants association.

: : Please respond quickly, my time is running out!

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