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Rent History Review & Next Steps

NYC Rent Regulation: Rent Control/Rent Stabilized, DHCR Practice/Procedures

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Rent History Review & Next Steps

Postby khzy_123 » Wed Sep 07, 2022 9:34 am

Hi! I've been investigating whether my apartment was legally destabilized.

Background:
I rented the apartment in 2021 for $2950 and LL is asking for $3150 to renew. I was under the impression the apartment was rent-stabilized and was subject to NYCRGB rent increase limits. LL told me the unit was not rent-stabilized so I began to look into it.

Rental History Summarized:
1984 - 2005 | RS
2006 | RS | 513.44
2007 | RS | 586.31
2008 | RS-V | 586.31
2009 | RS-V | 586.31
2010 | PE HIGH RENT VANCANCY | EXEMPT
2011 - 2022 | EXEMPT APARTMENT - REG NOT REQUIRED

DOB Filing:
08/2009 | INTERIOR ALTERATION NEW PARTITIONS AND PLUMBING. NO | EST COST 30,000

StreetEasy Rental History:
Earliest available is from 2014 - Apt was rented at $2500

As I understand it - to qualify for high-rent vacancy in 2010 the apartment's monthly rent must exceed $2000 through IAI and vacancy rent increases. Here's how I've worked out the math

2010 = (586.31 + 750 (IAI 30,000/40)) * 1.2 (Vacancy Rent Bonus) = 1603.572

Am I missing something? Is it worth looking further into and, if so, what are the next recommend steps?
Last edited by khzy_123 on Thu Sep 08, 2022 7:15 am, edited 1 time in total.
khzy_123
 
Posts: 2
Joined: Wed Sep 07, 2022 8:20 am

Re: Rent History Review & Next Steps

Postby khzy_123 » Wed Sep 07, 2022 1:12 pm

Looking into it a bit further. It’s hard to believe the LL spent $30,000 renovating the apartment. It is a 1-bedroom (maybe 400 sq ft) which looks very outdated and bare. I’m seeing identical DOB filings for other units as well. I reckon the LL has destabilized many of the units.
khzy_123
 
Posts: 2
Joined: Wed Sep 07, 2022 8:20 am


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