Hi! I've been investigating whether my apartment was legally destabilized.
Background:
I rented the apartment in 2021 for $2950 and LL is asking for $3150 to renew. I was under the impression the apartment was rent-stabilized and was subject to NYCRGB rent increase limits. LL told me the unit was not rent-stabilized so I began to look into it.
Rental History Summarized:
1984 - 2005 | RS
2006 | RS | 513.44
2007 | RS | 586.31
2008 | RS-V | 586.31
2009 | RS-V | 586.31
2010 | PE HIGH RENT VANCANCY | EXEMPT
2011 - 2022 | EXEMPT APARTMENT - REG NOT REQUIRED
DOB Filing:
08/2009 | INTERIOR ALTERATION NEW PARTITIONS AND PLUMBING. NO | EST COST 30,000
StreetEasy Rental History:
Earliest available is from 2014 - Apt was rented at $2500
As I understand it - to qualify for high-rent vacancy in 2010 the apartment's monthly rent must exceed $2000 through IAI and vacancy rent increases. Here's how I've worked out the math
2010 = (586.31 + 750 (IAI 30,000/40)) * 1.2 (Vacancy Rent Bonus) = 1603.572
Am I missing something? Is it worth looking further into and, if so, what are the next recommend steps?