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Posted by Will on March 11, 1999 at 00:20:48:

In Reply to: Re: ?% rent inc to move to diff apt in rent stab building posted by isaac on March 10, 1999 at 13:23:09:

Isn't it 20-2 = 18% for a 1 year, and 20% for a two year? for vacancy leases?

Will

: The landlord can charge you the maximum rent increase allowable, 20%.
: Whether or not you live at present in the same building is irrelevant. Try negotiating with him, pointing out that you pay on time, etc.
: Polishing the floor does not fit in the category of "renovation."

:
: : How much can the rent increase on a just vacated $1200 apartment in a rent stabilized building? I am looking to move into this apartment and I curretnly live in the building. The only renovation made was polishing the hardwood floors, and the last tenant lived there for one year.

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Comments:
: Isn't it 20-2 = 18% for a 1 year, and 20% for a two year? for vacancy leases?


: 
: Will

: : The landlord can charge you the maximum rent increase allowable, 20%.
: : Whether or not you live at present in the same building is irrelevant. Try negotiating with him, pointing out that you pay on time, etc.
: : Polishing the floor does not fit in the category of "renovation."

: 
: : 
: : : How much can the rent increase on a just vacated $1200 apartment in a rent stabilized building?  I am looking to move into this apartment and I curretnly live in the building. The only renovation made was polishing the hardwood floors, and the last tenant lived there for one year.


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