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I know of an SRO on the upper west side, biggest cockroaches you'll ever see in your life
I've lived in various SROs in New York City many decades ago and then have stayed for short terms in some SROs in other cities around the U.S. over the decades.
I wonder, in this day and age, what a Manhattan or Queens or Brooklyn SRO would charge in this day and age for rent (depending on if they charge monthly or weekly for rent)? Decades ago (in the early 1970s), some SROs even in Manhattan were as low as $35/month. I know people in Boston who, in recent years, pay $115.00/week including utilities for an SRO unit in the Boston, Massachusetts metro area (which comes out to approximately $460.00/month if there are 4 Mondays in a particular month or else $575.00/month if 5 Mondays in a particular month). My intuition suggests to me that you probably couldn't find a tolerable SRO (or maybe even any SRO at all . . . tolerable or not) for lower than $1000.00/month in most parts of New York City proper or maybe not even in New Jersey's Gold Coast or in Westchester County or Long Island. But, not having outright researched it (yet), I don't really know for sure.
Somehow it bothers me more that I didn't think of it, in English of course.
They will either burn or buy this guy out. I don't understand this $226 per month. Surely one could not rent a room at the Waldorf for $1,000 a night, pull this stunt, and get it forever for $226 a month?
Somehow it bothers me more that I didn't think of it, in English of course.
They will either burn or buy this guy out. I don't understand this $226 per month. Surely one could not rent a room at the Waldorf for $1,000 a night, pull this stunt, and get it forever for $226 a month?
I don't get it either, this has to be some the worst and laziest half baked reporting in a long time. It's even below the Post's standards (which is saying a lot). They didn't follow up on anything, these are the questions that need to be answered:
- What buildings in NYC qualify as "former SRO's"
- How is the monthly regulated rent amount determined
What they didn't say and we've learned is you can only apply for a 6 to 12 month lease with indefinite renewal if you've stayed at the place for 15 consecutive days or more
Why is it $226? Is the nightly rate at the hotel $226? Wouldn't a monthly rate then be that x 30? How does he get to sign a contract for $226 a month? What is this obscure law?
I don't get it either, this has to be some the worst and laziest half baked reporting in a long time. It's even below the Post's standards (which is saying a lot). They didn't follow up on anything, these are the questions that need to be answered:
- What buildings in NYC qualify as "former SRO's"
- How is the monthly regulated rent amount determined
What they didn't say and we've learned is you can only apply for a 6 to 12 month lease with indefinite renewal if you've stayed at the place for 15 consecutive days or more
Why is it $226? Is the nightly rate at the hotel $226? Wouldn't a monthly rate then be that x 30? How does he get to sign a contract for $226 a month? What is this obscure law?
Probably the $226 is the monthly rent the former SRO charged when it went Hotel. I imagine each is different and there is nothing sacrosanct about the $226 figure.
Here's the part that confuses me:
Quote:
The Subject Premises was registered as exempt, based on the allegation it was a coop or condo, from 1986 through 1990. It was registered as temporarily exempt based on "SRO/Transient" occupancy from 1991 through 1993...
In 2013, Frank Leon was registered as the tenant of record at a legal rent of
$226.90 and in 2014 and 2015, the Subject Premises was again registered as
temporarily exempt, based on SRO status and transient occupancy.
So why did the hotel switch back and forth between exempt Hotel and rent stabilized SRO?
Quote:
I'm not following, does this mean I can go set up at the four seasons and work
my way into a permanent $226 lease?
Only if the Four Seasons had once been an SRO.
Last edited by Kefir King; 08-15-2015 at 08:25 AM..
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