I am currently renting a nyc rent-stabilized apartment. However, I am planning to move in the coming year. Unfortunately, I have to sign a new rent-stabilized lease for next year because it is extremely unlikely that the new place will be ready for me to move in the end of my current lease.
It has been strongly suggested I send the landlord a letter with the new lease stating that I might be interested in a buy-out sometime during the new lease period. I think it unwise, partly because I would have no where to go if they made a offer before the new place is ready.
Additionally, from some things that have happened, I am reasonably sure that the landlord suspects that I am planning to move. If the apartment goes off stabilization, they will only get an additional $1000 a month, if that, and have been doing extensive renovations when someone moves out. Frankly, I don’t see any reason why they would agree. However, I am interested in hearing whether this is something I should do, or if it is a bad idea, or any further issues I should be thinking about.