---

Posted by Will on May 10, 1999 at 23:15:33:

In Reply to: Rent Increases - Rent Stabilized Apartments posted by Ian on May 10, 1999 at 14:25:54:

Looks like next year increases will the same 2%....so 2% this year 2% next year is cheaper than 4% for two years. If you like stability then lock in the rent for 2 years.

Will

: 1) As the legal tenant of a rent stabilized apartment, am I correct in my belief that, so long as I am a tenant in good standing, the landlord must allow me to renew my lease every year or two, as the case may be?

: 2) Is there any advantage to signing a one year lease over a two year lease or vice-versa? (1 year has an increase of 2%. 2 year has increase of 4%)

: 3) How can I find out what next year's allowable rent increase will be for 1 and 2 year leases?

: Thanks!

Follow Ups:

---

Note: Posting is disabled in all archives
Post a Followup

Name    : 
E-Mail  : 
Subject : 

Comments:
: Looks like next year increases will the same 2%....so 2% this year 2% next year is cheaper than 4% for two years.  If you like stability then lock in the rent for 2 years.


: Will

: 
: : 1) As the legal tenant of a rent stabilized apartment, am I correct in my belief that, so long as I am a tenant in good standing, the landlord must allow me to renew my lease every year or two, as the case may be?

: : 2) Is there any advantage to signing a one year lease over a two year lease or vice-versa? (1 year has an increase of 2%.  2 year has increase of 4%)

: : 3) How can I find out what next year's allowable rent increase will be for 1 and 2 year leases?

: : Thanks!


Optional Link URL:  
Link Title:         
Optional Image URL: 

---