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Posted by richard on November 03, 1999 at 17:49:03:

In Reply to: Can I get my friend's apartment?? HELP! posted by WA on November 03, 1999 at 13:55:42:

Why is she so stupid for giving up a cheap apt? when does her lease end?
maybe she can sublet to you for 2years OR......

The LL has a right to raise the rent 20% + .8% times 8 years...or
appox 26% so $860 really becomes.... around $1080 a month.

Why not offer the Landlord $2500-3000 CASH and $1080 a month the
apartment as is..... hell its illegal, but you'd have to pay a broker $2000 anyway so it
wont cost you much more......

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: My friend is moving out of her apartment in west village (NYC) -
: one that she's had for 8 years or so. She has offered this apartment to me -
: but my problem is that she has not been in good terms with her landlord.

: I understand the rent can be hiked up by 10-15% - but my concerns are different.
: Can the landlord refuse me taking over the lease - subjecting it to a more open
: (and competitively priced) market? (the rent is currently $860 - my assumption
: is that the apartment is rent stabilized) Or is the landlord just going to make
: it difficult for me by asking for unreasonable terms?

: Do I have a hope in getting this apartment at $860 + 15% or am I fighting a lost
: cause with an impossible landlord?

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Comments:
: Why is she so stupid for giving up a cheap apt?  when does her lease end? 
:  maybe she can sublet to you for  2years  OR......

:  The LL has a right to raise the rent 20% + .8% times 8 years...or
: appox  26% so $860 really becomes.... around $1080 a month.

:   Why not offer the Landlord   $2500-3000 CASH  and $1080  a month the
: apartment as is.....   hell its illegal, but you'd have to pay a broker $2000 anyway so it
: wont cost you much more......

:  

: ---------------------------------------------------------------

: : My friend is moving out of her apartment in west village (NYC) - 
: : one that she's had for 8 years or so.  She has offered this apartment to me - 
: : but my problem is that she has not been in good terms with her landlord.  

: : I understand the rent can be hiked up by 10-15% - but my concerns are different.
: : Can the landlord refuse me taking over the lease - subjecting it to a more open
: : (and competitively priced) market?  (the rent is currently $860 - my assumption
: : is that the apartment is rent stabilized)  Or is the landlord just going to make
: : it difficult for me by asking for unreasonable terms?

: : Do I have a hope in getting this apartment at $860 + 15% or am I fighting a lost
: : cause with an impossible landlord?


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