How to negotiate lease renewal when you know that construction is imminent? (tenant, negotiations)

[hellob]

My lease doesn't end until spring but I saw some surveyors and they said that the complex is adding new buildings directly across from my building. I wanted to stay at least another year and was anticipating an increase but now I'm thinking about the noise and the annoyance.
Also, my building faces a field so I'm losing privacy as well. I'd be more inclined to stay a year if I was paying less. Are there any rules for negotiations or rules about building without telling you?

[Patsnation34]

Originally Posted by hellob

My lease doesn't end until spring but I saw some surveyors and they said that the complex is adding new buildings directly across from my building. I wanted to stay at least another year and was anticipating an increase but now I'm thinking about the noise and the annoyance.
Also, my building faces a field so I'm losing privacy as well. I'd be more inclined to stay a year if I was paying less. Are there any rules for negotiations or rules about building without telling you?

I don’t know.. usually tenants aren’t compensated for construction or loss of use... especially if it isn’t their own building (which from your post I don’t think it is)?

I’m almost positive this won’t affect how much they raise rent etc, they don’t care about the inconvenience, it’s up to you to decide if you can tolerate.

If you work off hour shifts, I’d move. The construction is probably going to make it pretty difficult for you to rest during the daytime

[Mr_Geek]

You can use it as a negotiating point to try for a lower price but they are under no obligation to tell you. Furthermore, why would they be held responsible if a building/field across the street owned by someone else went under construction, which could also happen?

[adjusterjack]

Originally Posted by hellob

Are there any rules for negotiations or rules about building without telling you?

No.


You tell management what you want to pay. Management tells you what you will pay. If you don't like the amount you give your notice and find another place to live.

[oregonwoodsmoke]

You can ask.

If you've been a really good tenant and you are worried about construction across the street, maybe they will give you a smaller rent increase than what was scheduled.

I find it hard to imagine any landlord giving you a rent reduction under those conditions, but it never hurts to ask politely.

Unless construction has started, it might be years before construction starts. My son is splitting a lot into thirds and it has been a year and a half so far, trying to get government agencies to actually do any work with the paperwork required from the city. Big construction projects take forever before actual construction can start.

[Electrician4you]

Originally Posted by hellob

My lease doesn't end until spring but I saw some surveyors and they said that the complex is adding new buildings directly across from my building. I wanted to stay at least another year and was anticipating an increase but now I'm thinking about the noise and the annoyance.
Also, my building faces a field so I'm losing privacy as well. I'd be more inclined to stay a year if I was paying less. Are there any rules for negotiations or rules about building without telling you?

Across the street from one of my rentals they are building this large hotel, shopping center walking attraction. When I was renting it I told everyone it’s a possibility that this will be built. It was in the process/voting stages. Nobody cared or at least they said they didn’t. If anyone rented it and complained about it later and tried using it as a negotiating tool at lease renewal I would tell them they are free to move out. I have absolutely no plans in reducing rent. Even if I didn’t know about it and it was happening after they moved in I still wouldn’t lower the rent. There is no reason to lower the rent.