Posted by DK on October 12, 1999 at 02:26:45:
In Reply to: Is 12% rent increase legal? posted by Laura on October 11, 1999 at 17:53:36:
: I live in a building with 111 units at 123 W. 44th St., which is listed as rent stablized on this site. At the time I signed the lease, I asked about rent increases and was told the rent would maybe increase $50 or so. Now I'm being told that my rent will increase 12% (over $200) if I renew the lease. My question is: Is my entire building indeed rent stablized or are just some select apartments rent stablized? How can I find out?
If your initial rent was more than $2,000 per month, your apartment is exempt from rent stabilization. Otherwise the rent increase is probably illegal.
Note: Posting is disabled in all archives
Post a Followup