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In good negotiating position...

Posted by MikeW on April 09, 2001 at 17:02:05:

In Reply to: Landlord Construction posted by Christopher on April 08, 2001 at 00:02:37:

If they offer to give you a better apt at a good rent, take the deal. If they aren't reasonable, fight them tooth and nail.

: I live in a rent stabilized apt in the upper east side. I have a lease that I renewed last year for 2 years. I have lived at this location for 9 years.

: Today I received a letter from my landlord stating that, "Plans have been filed with the Building Dept for the contruction of front and rear penthouses." Of course, the penthouse is planned right on top of my apt since I live on the 5th floor of a 5 floor walk up. The letter goes on to state that the rear penthouse is designed so that entrance to to the penthouse my be through either apt 5re or 5rw. I live in 5re.

: It goes on to state " We have recently completed a number of similar projects in which existing apartments have been connected to new construction. In each case we have obtained possession of the occupied apartments by structuring offers that have satisfied the tenant's individual needs. Most frequently this has been accomplished by relocating tenants to other, more desireable Eberhart apartments."

: Do I have anything to worry about and can I say NO. If anyone can help, please let me know.

: Thanks

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