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Posted by mike on November 26, 2001 at 11:28:22:

In Reply to: transferring leases posted by nmalone on November 26, 2001 at 00:42:36:

Sorry, your lease is for that studio ONLY.........

If you want a bigger apartment then its a new lease at whatever the rent stabilized rent is for THAT apartment...You can always challenge the rent get a rent history from DHCR.

So why do you need more room? Why not sell what you dont need on http://www.ebay.com or put the excess in a storage facilty, most are less then $100 a month.

: I am in the middle of a written lease for a rent stabilized studio apartment in new york city. My current lease doesn't end until august 2002 and I am in dire need of a bigger space. the apartment next door to mine (a one bedroom) has just become available and I'm interested in moving into it. Can anyone provide guidance on whether it would be possible to transfer my current lease to the new apartment? Should I expect to have to pay another broker's fee? Do they have the right to ask for a brand new security deposit or just the difference in deposit?

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Comments:
:   Sorry, your lease is for that studio ONLY.........

:  If you want a bigger apartment then its a new lease at whatever the rent stabilized rent is for THAT apartment...You can always challenge the rent get a rent history from DHCR.

:  So why do you need more room? Why not sell what you dont need on http://www.ebay.com     or put the excess in a storage facilty, most are less then $100 a month.


: : I am in the middle of a written lease for a rent stabilized studio apartment in new york city.  My current lease doesn't end until august 2002 and I am in dire need of a bigger space. the apartment next door to mine (a one bedroom) has just become available and I'm interested in moving into it. Can anyone provide guidance on whether it would be possible to transfer my current lease to the new apartment? Should I expect to have to pay another broker's fee? Do they have the right to ask for a brand new security deposit or just the difference in deposit? 


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