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Posted by Debralynn on April 11, 1997 at 12:34:55:

In Reply to: 200 East 72nd Street, Manhattan posted by Jeff G on April 11, 1997 at 02:02:18:

: Tenants in this building would like to know whether this bldg comes under
: rent stabilization. Some tenants are paying so-called "market" rates, some
: say they are stabilized. No co-ops in bldg, and none of the regulated are
: on SCRIE. Could this be a 421-A, or some RTC property?

: Thanks in advance for any help.

:Dear Jeff,
I happened to have lived in your building for 12 years and had a rent-stabilized lease. Because my apartment at the time I left was renting for 1,200 it still fell under the rent-stabilization guidelines. However, there were many apartments in the building that rented for over $2,000 & those
apartments would be non-regulated at this time. Also, I do remember some
sort of 421-A that the building might have fallen under, but I'm not too sure of what that means for the tenants; something like after 20 years the building becomes free market material? I moved in in 1979 so the building and was a first tenant so the building is approaching its 20th anniversary!

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: 
: : Tenants in this building would like to know whether this bldg comes under
: : rent stabilization. Some tenants are paying so-called "market" rates, some 
: : say they are stabilized. No co-ops in bldg, and none of the regulated are
: : on SCRIE. Could this be a 421-A, or some RTC property?

: : Thanks in advance for any help.

: :Dear Jeff,
: I happened to have lived in your building for 12 years and had a rent-stabilized lease.  Because my apartment at the time I left was renting for 1,200 it still fell under the rent-stabilization guidelines.  However, there were many apartments in the building that rented for over $2,000 & those
: apartments would be non-regulated at this time.  Also, I do remember some
: sort of 421-A that the building might have fallen under, but I'm not too sure of what that means for the tenants; something like after 20 years the building becomes free market material?  I moved in in 1979 so the building and was a first tenant so the building is approaching its 20th anniversary!
:            


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