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Old 02-07-2014, 08:24 AM
 
6 posts, read 6,931 times
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When i looked up are you allowed to have two apartments, they said yes because sometimes married couples sometime maintain two homes.

However some applications state you can only be on one lease.

Does anyone know the exact reasoning for this decision?
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Old 02-07-2014, 08:26 AM
 
83,020 posts, read 80,490,064 times
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I don't know where you saw you can have two stabilized apartments but it has to be your primary home and you can only have one primary.

right from the guidelines:

"Does your rent stabilized apartment have to be your primary residence?

To be entitled to rent protection, a rent stabilized apartment has to be your primary residence. The Rent Stabilization Code section 2520.11(k) excludes from protection "housing accommodations which are not occupied by the tenant, not including subtenants or occupants, as his or her primary residence as determined by a court of competent jurisdiction."
You can own property elsewhere as long as you can prove that the apartment is your primary residence."

Last edited by mathjak107; 02-07-2014 at 08:34 AM..
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Old 02-07-2014, 09:07 AM
 
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It also says;

Finally, it is not unlawful per se to rent two stabilized apartments. Many people rent more than one apartment because of space requirements. However, in these situations the apartments are usually adjacent (or at least in the same building) and thus are considered to be a single "primary residence." It is not uncommon for married couples to maintain two separate rent regulated residences.


So what does that mean?
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Old 02-07-2014, 09:15 AM
 
2,727 posts, read 2,439,960 times
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It means stop trying to game the system and scam people.
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Old 02-07-2014, 09:16 AM
 
83,020 posts, read 80,490,064 times
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it means good luck trying to find and rent two adjacent apartments in any building.

I bet you don't find that scenario available in not one building .

the only way that would happen is if the people next door moved out. you could rent it, most likely for whatever the apartment would go for to an outsider.

I doubt that happens much.
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Old 02-07-2014, 09:20 AM
 
321 posts, read 524,256 times
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Why do you need 2 rent stabilized apartments? If you can afford 2 rent stabilized apartments, you can afford the rent on 1 unregulated apartment. Please leave the rent stabilized apartments to those who truly need it.
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Old 02-07-2014, 09:21 AM
 
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rangal had 4 if you remember that bit of news
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Old 02-07-2014, 09:23 AM
 
83,020 posts, read 80,490,064 times
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Quote:
Originally Posted by photostoresheila View Post
Why do you need 2 rent stabilized apartments? If you can afford 2 rent stabilized apartments, you can afford the rent on 1 unregulated apartment. Please leave the rent stabilized apartments to those who truly need it.
rent stabilized has nothing to do with income or net worth. don't think for one second that it does.

it only has to do with length of time in an apartment. the income limitations do not come into play until over 200k for 2 years in a row.

many rent stabilized apartments are at market value if they turned over enough.

net worth can be millions and does not count at all. do not confuse low income housing or affordable housing with rent stabilized.. .
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Old 02-07-2014, 09:28 AM
 
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So if i have a rent stabilized apartment with my husband, if we seperate can i get a seperate apartment?
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Old 02-07-2014, 10:11 AM
 
1,060 posts, read 1,747,500 times
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Quote:
Originally Posted by saffyg View Post
When i looked up are you allowed to have two apartments, they said yes because sometimes married couples sometime maintain two homes.

However some applications state you can only be on one lease.

Does anyone know the exact reasoning for this decision?

If you can afford 2 stablized get one that is not--- the reason is you are not supposed to do this for profit and if you take it off the market then someone else loses out on a good deal--- but join the rest
of the scuzy New Yorkers who are always looking to scam the system. I am sure you can figure out a way.
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