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Apt was not regulated when she got it

Posted by MikeW on January 25, 2001 at 16:25:38:

In Reply to: Re: landlord DOUBLED rent... can they do this posted by Lilly on January 24, 2001 at 21:16:00:

What your talking about is a stabilized apt. The original poster specified that the apartment was not regulated.

In that case, the LL does not have to offer you (the original poster) a renewal at all. If they do offer a lease, they can do so whenever they chose and for whatever rent they choose. They can also offer it to anyone else at any rent they choose, not related to what they offer you.

: With the new regs, the LL must give 60-90 days notice prior to the expiration of your lease-you then have 30 days (possibly more-but assume 30) to respond. After you move out the LL can charge whatever he wants-but if the next tenant pays a rent lower than what you're now paying as a de-regulated tenant, that next tenants rent would be called a "preferential rent" because it's lower than what LL could legally charge. If that preferential rent happens to be less than $2000 that specifically does not mean that the apt becomes stabilized again-Once that "preferential rent tenant"(grammer!) moves out, LL can again charge whatever the mkt will bear, a billion dollars if he can get it, or $1 if he so chooses. But never again will that particular apt be stabilized , unless of course there is a really valid (or not so valid) reason to think the apt was deregulated illegally, and would be for DHCR and/or the courts to decide. If there was a lawsuit over that and the court ruled that the apt had been deregulated illegally, the DHCR would just about have hissy fits for years.....

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