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Rent Stabilization NYC

Posted by Michael on October 05, 2001 at 14:15:57:

Hi there,
I recently received a rental history form for my apartment. I noticed the last two years are missing or have little information in regards to rent. However, in 1998, the last tenant (lived there 6 years) was paying a staggering $650 rent per month. Having signed my lease in June, I am paying close to $1500 a month. My building is RENT STABILIZED, and is located in NYC. A large building, around 100 units or so. I do have a written lease. I am wondering, am I getting screwed here??? I called the management company and they were quite rude and incensed. They said they would prepare a form for me detailing every facet of my rent increase. However, it still seems a little out of the ordinary for my rent to be so high. If I go by current Rent Stabilization rules, my rent should have been increased by 18% each year, for 2 years at max. If renovations were done, they would have had to amount to over $20,000, is this conceivable??? If anyone has any ideas of can help me, I would greatly appreciate it. Thank you very much.

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