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Posted by Cynthia C on October 14, 1999 at 15:38:13:

I used to live on Thompson Street in Manhattan in a building managed by Thurcon properties. My lease started on Septmber 1, 1998, although they had wanted me to take it for Sept. 15 so they could clean.
I needed it for the first so I signed an "As Is" clause stating that I was taking the apartment in the condition it was in when the last tenant vacated (which was okay aside from some normal wear and tear).
In May of 1999 they sent me a notice stating that if I wished to renew my lease, the new rent would be $2,076 per month, I decided not to renew. WHen I moved out, I left the place broom clean and in pretty good condition but they kept most of my security deposit anyway. In an effort to get it back I have been investigating them pretty carefully. I have discovered the Building was registered as having 23 rent stabilized units last year, the units that were exempt were JS51 exemptions. It was explained to me that that means those units were $2,000 or more, which makes sense since there are a lot of bigger units in the building as well as some penthouse units with patios. When the broker was showing my place I heard him tell the prospect that the rent would be $1950, more than $100 less than what they were going to charge me

What I now believe is this:

The 13% rent increase proposed by Thurcon was not legal.
They win either way, if I stay and agree to the terms, they now have a decontrolled unit. If I leave they can rent it at a higher price and get their share of yet another broker fee.
If I press them with this information and say that I am suing for moving costs and the brokers fee for my new place, they may be willing to settle it by giving back my security in full.

Thanks for any comments.

Follow Ups:

• Re: Need someone to confirm that my suspicions are correct. DK 10/14/99 (1)
  • Re: Need someone to confirm that my suspicions are correct. Ron 10/15/99 (0)

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Comments:
: I used to live on Thompson Street in Manhattan in a building managed by Thurcon properties. My lease started on Septmber 1, 1998, although they had wanted me to take it for Sept. 15 so they could clean.
: I needed it for the first so I signed an "As Is" clause stating that I was taking the apartment in the condition it was in when the last tenant vacated (which was okay aside from some normal wear and tear).
: In May of 1999 they sent me a notice stating that if I wished to renew my lease, the new rent would be $2,076 per month, I decided not to renew. WHen I moved out, I left the place broom clean and in pretty good condition but they kept most of my security deposit anyway. In an effort to get it back I have been investigating them pretty carefully. I have discovered the Building was registered as having 23 rent stabilized units last year, the units that were exempt were JS51 exemptions. It was explained to me that that means those units were $2,000 or more, which makes sense since there are a lot of bigger units in the building as well as some penthouse units with patios. When the broker was showing my place I heard him tell the prospect that the rent would be $1950, more than $100 less than what they were going to charge me

: 
: What I now believe is this:

: The 13% rent increase proposed by Thurcon was not legal.
: They win either way, if I stay and agree to the terms, they now have a decontrolled unit. If I leave they can rent it at a higher price and get their share of yet another broker fee.
: If I press them with this information and say that I am suing for moving costs and the brokers fee for my new place, they may be willing to settle it by giving back my security in full.

: Thanks for any comments.


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