Google Search

TenantNet Forum Archives 1996-2002
Posting and Replies are disabled in all Archives
TenantNet Forum | TenantNet Forum Archives Index

Rent increase possibly illegal?

Posted by Mark Cannistraro on June 02, 2000 at 11:31:23:

For the last 9 years, I've lived in a one bedroom apartment in the West Village. The rent increases, while a bit more than it would have been if the apartment were regulated, were always managable until last year, when the rent jumped 20%.
This year, the management company wants another 20%!

My apartment is considered a "co-op," but there is no private owner. Apparently, my building USED to be apartments (my neighbor pays $300 a month) and at some point, the bulding went co-op. The company that owns the building bought the newly available co-ops FROM THEMSELVES and thus are able to avoid the rent stabilization laws.

My neighbor recently said that she had heard that this kind of thing might not stand up in court if challenged. Is this true? She mentioned there was a name for this sort of thing, but she wasn't sure what it was. Can anyone help? I love the apartment and don't want to move!

Mark Cannistraro

Follow Ups:

Note: Posting is disabled in all archives
Post a Followup

Name    : 
E-Mail  : 
Subject : 
Comments: Optional Link URL: Link Title: Optional Image URL:


TenantNet Home | TenantNet Forum | New York Tenant Information | Contact Us
DHCR Information | DHCR Decisions | Housing Court Decisions | New York Rent Laws |

Subscribe to our Mailing List!
Your Email      Full Name