Posted by Keyser Soze on May 28, 2001 at 23:05:17:
My landlord is claiming that the new revisions to the Rent Stabilization Code "entitle" him to a 10% increase on my monthly rental payment for the period of my summer sublease. He told me this three weeks after I had already agreed to terms with the new subletter and gained his approval. It came as a shock to both my and my subletter and now we are trying to figure out how to renegotiate our sublet contract.
I've looked online and found 2525.6(c) of the new DHCR Rent Stabilization Code, which provides that the landlord can increase the rent upon acceptance of a sublease according to the "vacancy allowance" provided for in 2522.8 of the Code but cannot make heads or tails of how to compute the correct "vacancy allowance." I would appreciate anyone's advice on this matter greatly! You can also email me.
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