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Re: Not Stabilized After Tax Abatement Period?

Posted by bill on February 26, 1999 at 19:34:13:

In Reply to: Re: Not Stabilized After Tax Abatement Period? posted by satori on February 20, 1999 at 21:58:47:


: Thanks Tenant.net I just typed in j51 keyword(at the top of your discussion list) it took a while for all the
: discussions you had on j51 to come up. but it looks like I'm off the hook
: because there was no clause inserted in the lease or rental agreement
: that stated that my apartment could be not stabilized becuase of J51
: so therefore he cannot state I'm no longer stabilized when it comes to
: renew my stabilized apartment.
:

: In a 421a building buily after 1984 the landlord may destabilie existing tenants after 9 years provided that there is such a clause in the initial lease and subsequent lease renewals and that he notify you at least 120 days before your lease expires. There is no rent cap.
: : I"m almost positive about this , I read that a landlord cannot make
: : and apartment that is stabalized unstabilized, unless he follows
: : DHCR procedures and asks for it and during that period, the landlord
: : is required to notify the tenant of the application the landlord
: : makes with DHCR.So the tenant has the right to file a grievance. I even read the law here on tenant.net
: : It seeems to me that if you were never notified you were denied due process
: : under the law.
: : : : Renewal Lease I receive said that because the 421-a tax abatement period ended my apartment was no longer subject to stabilization. Assumning this is correct, what standards govern what rent the landlord may charge. The amount he is asking for is not an even number which makes me suspect that there is still some limitation. Does any one have info?

: : : Supposidly going market rates...so if the increase isn't high..either the market matches what you're paying now or your landlord likes you...don't ask any questions and take the lease if you still want the apartment.

: :
: : : Will

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