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Rent Stabilized Sublet in Co-op? : Welcome to Hell

Posted by Peter Erni on September 09, 1997 at 01:54:44:

My sublease in a bldg that went co-op in 1985 just went up 24% over
last year's rent. This after 4 previous years of an average of 5%
increases. In addition I received the notification of renewal just 15
days before the sublease is due to expire. I understand that this apt
is no longer regulated and thus I have no rights because of the co-op
status, but is there ANYTHING I can do? This is insane. Any connection
to the recent changes in the law?

thanks for the info...

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