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Re: Manhattan Co-op Rent Regulation

Posted by Bob Gresto on October 15, 1998 at 02:17:20:

In Reply to: Manhattan Co-op Rent Regulation posted by co-op tenant on October 13, 1998 at 17:19:35:

: I need to get a lease renewal form from my current landlord.
: We live in a co-op. He told our Super that he is going to raise the rent.
: Since it is a co-op, are there legal guidelines as to how high he can raise our rentt, or can he raise the rent as much as he likes?
: Since the building maintenence fee has not gone up this year, can he raise the rent much?
: If the rent is raised to a ridiculous amont, do I have a right to dispute the rent increase at a co-op board meeting?

(The landlord can raise the rent $20,000 a month if he wants to. There are NO protections in a co-op as to the amount of a raise. I would find a rent stab apt as soon as possible)


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