Posted by Gladys on March 27, 2001 at 12:30:12:
I live in Queens- Woodside area. My landlord had just increased our rent from $ 810 to $ 910/mo. I know it's not much compared to NYC rent but it's still a lot for a Queens apt. I just learned that one of the tenants in the my building just renewed his lease as well. He just got a $40 increase on his rent- from $800/mo to $840/mo. Our building is not rent controlled or rent stabilized. I just want to know what is the legal rent increase percentage that a landlord can impose on a lease renewal. I read somewhere that is should only be 4% if it's a 1 yr. lease. When we got the apt.- our lease stated that the landlord is not responsible for any "painting or any repairs..."
I'd really appreciate an input from anyone. Thanks!!!
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