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My husband and I have just been offered a 1BR in Stuyvesant town. We’re trying to decide if we should accept the offer. I was doing some research on rent stabilization at Stuytown and I found out that many of the rent stabilized apartments were set to be de-regulated due to the expiration of the J-51 tax abatement. Does this apply to lottery apartments? Does anybody have more knowledge on rent stabilization at Stuytown?
We’re currently in a nice apartment with a decent landlord and we truly hate moving. If we move, we want to make sure we can live there for a really long time. Thank you!
Are all Stuytown lottery apt rent stabilized indefinitely?
Hi all!
My husband and I have just been offered a 1BR in Stuyvesant town. We’re trying to decide if we should accept the offer. I was doing some research on rent stabilization at Stuytown and I found out that many of the rent stabilized apartments were set to be de-regulated due to the expiration of the J-51 tax abatement. Does this apply to lottery apartments? Does anybody have more knowledge on rent stabilization at Stuytown?
We’re currently in a nice apartment with a decent landlord and we truly hate moving. If we move, we want to make sure we can live there for a really long time. Thank you!
My husband and I have just been offered a 1BR in Stuyvesant town. We’re trying to decide if we should accept the offer. I was doing some research on rent stabilization at Stuytown and I found out that many of the rent stabilized apartments were set to be de-regulated due to the expiration of the J-51 tax abatement. Does this apply to lottery apartments? Does anybody have more knowledge on rent stabilization at Stuytown?
We’re currently in a nice apartment with a decent landlord and we truly hate moving. If we move, we want to make sure we can live there for a really long time. Thank you!
I was wondering about this as well. I know management made a deal with the city to keep the apartments affordable until 2035. Then state laws were changed that seems to keep it affordable longer term. I believe the tenants association is in court with management. Mac may know more. I’ve asked a bunch around a lot, and nobody really knows what will happen. But what I’ve heard is that since Stuytown is so big, politicians want to keep the voters happy and will fight for us. I was living in a nice rent stabilized apartment in a neighborhood that I loved and decided to take the chance. I admit I find this all very confusing because there’s another lawsuit about "Roberts" apartments that I believe do not apply to us. One thing that stuck with me when I asked for advice about staying in my other rent stabilized apartment was “the way things are now, we don’t know what will happen with anything. We don’t know what will happen to the rent stabilization of the apartment you have (had) now.” So, like I said, I took the chance. If anyone has better insight into this, I’d love to hear too!
I'm not sure if this is the J-51 thing you were specifically asking about, but your question got me googling and I found this: https://d3n8a8pro7vhmx.cloudfront.ne...f33TFAc6sg_BGU
It's a FAQ about who is affected and says lottery apartments are not impacted. It's the "Roberts" apartments.
If you find out any other info I'd appreciate it if you'd share here.
My husband and I have just been offered a 1BR in Stuyvesant town. We’re trying to decide if we should accept the offer. I was doing some research on rent stabilization at Stuytown and I found out that many of the rent stabilized apartments were set to be de-regulated due to the expiration of the J-51 tax abatement. Does this apply to lottery apartments? Does anybody have more knowledge on rent stabilization at Stuytown?
We’re currently in a nice apartment with a decent landlord and we truly hate moving. If we move, we want to make sure we can live there for a really long time. Thank you!
Congratulations! Would you mind sharing your log number/timeline?
Yes, the Roberts apartments are covered by a lawsuit several years ago that the tenants won. I’m not sure how long the lottery apartments will be rent stabilized. I know that the law doesn’t have to be renewed, as in the past, but I don’t know what will happen if the Republicans take control or Albany again.
Would you mind sharing your source? My log number is in the 1300s
I can’t remember, but I’ll try to see what I can find
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Are all Stuytown lottery apt rent stabilized indefinitely?
