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I am considering taking a rent-stabilized rental in Stuytown. The previous rental history shows one tenant who lived in the apartment from 2000-2022. In 2000, the monthly rent was $1281.30. In 2022, the monthly rent was $2071.29. I know there are some rules that apply to rent stabilized apartments. How can I find out the maximum rent they can charge me? Thanks very much.
I am considering taking a rent-stabilized rental in Stuytown. The previous rental history shows one tenant who lived in the apartment from 2000-2022. In 2000, the monthly rent was $1281.30. In 2022, the monthly rent was $2071.29. I know there are some rules that apply to rent stabilized apartments. How can I find out the maximum rent they can charge me? Thanks very much.
Someone may have been paying $1,281.30 but that was most likely the preferential rent. Once they move out, the LL can raise the rent up to the legal rate that the preferential rate was based on.
I know you can request the rent history of the building through the Homes and Community Renewal of NYC but you have to be a current resident to obtain it. However there could be another way this is their website : https://hcr.ny.gov/
Stuy town is notoriously rent regulated. It's also been subject to a couple of sales for the entire complex, and the LLs will do whatever they can to work the rent up. If someone rents there! I'd definitely research the rent history and talk to a lawyer to see if the rent can be challenged.
Also Stuy town had a very active tenants association. I'd see if that's still active. I'm sure they could give the op chapter and verse on rent issues.
Quote:
Originally Posted by Mr.Retired
Rental across the United States in big cities is beyond ridiculous.
It is best to sacrifice travel time to grow a nest egg.
Work in the city but live outside..................pay less rent.
I recommend anyone contemplating PC or Stuyvesant look elsewhere. From the few residents I have talked to it is an endless fight between tenants and large corporate owners.
This is NOT a route to "quiet enjoyment of premises."
I have battled landlords before as president of a tenants' association. It is a thankless 24/7 UNPAID job.
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