I've recently spoken to a Rent Stabilized tenant in my building who has stated that for the most recent renewal lease, the LL offered a lower preferential rent on the condition that the tenant also sign an included lease rider stating that the tenant surrenders all succession and assignment rights.
The tenant had signed the rider.
This LL is rapidly vacating and deregulating apartments in the building (via eviction proceedings, harassment, and buyouts).
I need to examine the rider myself and read the wording.
Until then, I was wondering if anyone has heard of similar renewal lease riders and/or if they are legally recognized, i.e., can a RS tenant via signing a document, surrender succession and assignment rights?
Regardless of the legal answer, it may succeed as a tactic of deceit to dissuade the tenant from preparing for and/or pursuing lease succession or assignment.