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Re: Apt. Deregulated due to rent increase of $2,000 or more

Posted by Lilly on July 03, 2001 at 20:42:19:

In Reply to: Apt. Deregulated due to rent increase of $2,000 or more posted by ADN on July 03, 2001 at 18:54:00:

Yup-but who is going to combine the apts? Are you stabilized now and was the upstairs tenant stabilized? Almost irrelevant as this new apt would most certainly be deregulated because whatever the old rents were, the new rent for this new combined apt is easily over $2000 after factoring in the work required. The LL can charge whatever he wants. See if you can at least get at a 2 year lease or 3 year lease. If the 2 apartments are to be combined, the Certificate of Occupancy has to be changed, permits obtained, etc etc. Who is doing the work on this?

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