Posted by TenantNet on September 01, 1998 at 00:09:41:
In Reply to: Intention to vacate - can it be reversed? posted by Fran on August 30, 1998 at 13:59:30:
: After living for 6 years in an unregulated building in NYC, I was hit with a 20% rent increase and I notified the building management of my intention to vacate at the end of September (my lease expires on November 30). My deal for another apartment just fell through. Am I legally entitled to reverse my initial decision and renew my lease, given that I am still within the 60 days deadline to renew? Thanks for the advice.
If you are unregulated, the owner is under no obligation to renew. But
you do have the right to finish your lease (as has the owner the right
to seek rent until your lease is done if you move out early, but that's
another discussion). Just ask the landlord if you can renew. If he says
OK, then you would have to swollow whatever increase he demands.
Note: Posting is disabled in all archives
Post a Followup