Posted by Will on March 31, 1999 at 22:45:44:
In Reply to: 30% rent increase - any rights? posted by Bryn Bob on March 31, 1999 at 21:11:51:
Usually a lease means no increase for the term of the lease...you're not obligated to pay any increases until renewal time. At point they have to give you 30 days notice of the increase which you accept (i.e. renew the lease) or decline (vacate the apartment)
If you're a month to month (without a lease) they have to give you 30 days notice before the increase takes effect (i.e. not just put in the current bill). In either case because you're unregulated the increase amount can be whatever brings you to market value.
: Our building was bought last summer and our new landlords raised our rent $75 per month and we signed a one-year lease. By the way, our apartment hadn't been painted in over three years, and when we requested they paint it, they refused. Seven months later, we get a letter stating that our rent is going from $925 per month to $1200, an increase of nearly 30%. Do we have any legal recorse or rights? This is in NYC and it is an unregulated apartment. Please advise!! Thanks.
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