I live in Brooklyn in a rent stabilized building. My lease is up in October. I am aware of the new 2% or 4% increases. I was wondering if this is legally madatory or if I would be able to negotiate with the landlord? My building is registed with DHRC and I get the paperwork every year. Does DHRC legally require the landlord to stick to the increase or since the housing market is slow and there are a lot of vacancies, can the landlord opt to not increase a tenants rent?
I hope this was clear.