Google Search

TenantNet Forum Archives 1996-2002
Posting and Replies are disabled in all Archives
TenantNet Forum | TenantNet Forum Archives Index

vacancy increase

Posted by Matthew Rice on January 08, 1998 at 20:10:28:

I was wondering if someone might be able to answer a question or
point me in the right direction to find the answer.

At the end of July 1997 we moved apartments in Manhattan.
The apartment we moved in to had a rent of $1000 per month.
The landlord increased the rent by 27% and we signed a one year
lease for $1270.
At the time there was much going on with the rent stabilization
system in NYC and I really didn't understand what the maximum
increase could be at the time. (I though it should have been
just the 20% vacancy increase, but the landlord (or at least his
agency) claimed that they were allowed to add the 7% allowed annual
increase to the rent as well.)
I still do not have a full picture of what the laws allow. I really
can't seem to find a definitive law, just, it seems, opinions.

I have just read a page at
that seems to indicate that we signed a lease that was 7% to high,
as allowed under the law. But again, I don't know if this is a law,
a law that applies to me, a possible interpretation of a law, or just
some gossip. (Note, the previous tenant had not been in the apartment
for more than about 4 years.)

My need is 2 fold.

1) what is the law that applied at the end of the summer of 97?

2) if, indeed, this law only allowed a 20% increase, do I have any
recourse to get my 6 X $70 back and have my rent reduced, from now on,
to $1200 until the next yearly increase? (I have signed the lease
which said $1270, but can this lease be valid if the rent asked is

Thank you for your time.

Matthew Rice

Follow Ups:

Note: Posting is disabled in all archives
Post a Followup

Name    : 
E-Mail  : 
Subject : 
Comments: Optional Link URL: Link Title: Optional Image URL:


TenantNet Home | TenantNet Forum | New York Tenant Information | Contact Us
DHCR Information | DHCR Decisions | Housing Court Decisions | New York Rent Laws |

Subscribe to our Mailing List!
Your Email      Full Name