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Re: late fees,new owner rent hike

Posted by Anna on January 25, 2000 at 15:44:10:

In Reply to: late fees,new owner rent hike posted by lB on January 22, 2000 at 12:52:12:

: I have 2 questions: Are late fees on rent legal? this is for a non-rent stabalized apt in east williamsburgh Brooklyn w/3 units. AND is it legal for a new owner to hike the rent of a non-stabalized apt. in Fort Greene brooklyn w/6 units at the end of the lease?the rent is jumping from 900.00 to 1500.00!!!! it's only a one bedroom!

Call DHCR ASAP: it sounds like your apt should be stabilized. (is it 3 units or 6 units?) In general, if the building was built prior to 1974, if it contains six or more units and is not a coop/condo, then there's a good chance the unit should be regulated.

Late fees: if there is a late fee clause in your written lease, it is legal.

Rent Increase: old owner, new owner: it does not matter. The sky's the limit if the apt is not and should not be stabilized. Negotiate. Start your counter-offer with the RGB guidelines: 2-4%. Look for a new apt asap: your rent is already above the median recent movers in that neighborhood. Read more suggestions in older messages.

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