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Re: Lease renewal increase on non-stabilized apartment

Posted by TenantNet on November 26, 1998 at 04:04:59:

In Reply to: Re: Lease renewal increase on non-stabilized apartment posted by Richard on November 22, 1998 at 12:51:34:

: : For the last eight years, my friends and his family have been living in the same apartment. Their lease is up next month and they currently pay $700/mo. The area is improving and the landlord knows that he can probably get $1,200/mo for the same apartment. He told my friend that he is going to increase the rent to $925/mo. It is not a rent-controlled or stabilized building.
: : Does anyone know if this is legal? Where can I look for paperwork about this?

: OF course it's legal..........But remind him that shure he might get $1200 a month but
: that you pay your rent on time......( you'd better have done this).....cause no problems
: and will pay a small increase in rent (say to $800) ......

: Remind him the next person might be a drug dealer, or a bum or will pay rent for a few
: months and then just try and evict them....

: If he still refuses to co operate....... you really dont have much choice if he wants to
: be a greedy bastard

you should also do some quiet investigation to see if maybe the unit should be rent stabilized.

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