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New Building Owner HUGE Rent Increases...HELP!

Posted by Mark on November 25, 1998 at 16:24:50:

My building was sold to new owners last month who are trying to bring
all of the rents for a studio apartment in Chelsea up to $1,650 per month.
Much higher than market value for a non-doorman building in the area.

The increases for tenants are as high as $600 per month. With the average
around $300. The building is pre-war but was re-built in the early 1990's
and contains 24 units (22 are studios). I called DHCR who said that there
are rent stabilized apartments in the building, mine not one of them, BUT
the building itself has not been registered!

To add insult to injury, the new landloard fired our old super. and the
upkeep has fallen off dramatically.

We are planning a tenants meeting but really need advice on how to proceed.

All help is appreciated!


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