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I currently live in a rent-stabilized apartment in NYC. My roommates who are on the lease are moving out and this lease is almost up, so we have to sign a new lease with my name. However, this means that the landlord will renovate the (very old) apartment so they can significantly increase the rent.
(They renovated the apt next door to us, and raised the rent by over $600! We are students and can't afford such a major increase in rent, but have no choice but to sign a new contract since we can't renew).
Since my other roommate and I have been living here for 3 years already (but our names are not on the current lease, listed only as "roommates"), when this lease expires next month, is it possible to ask management to renovate *only* the broken creaky wooden floors and nothing else, so that they don't have to increase the rent by that much?
The floors have been a major problem and the neighbor complains about us walking even though we practically tip-toe since the floors are in such bad shape. We don't need new appliances or a completely renovated kitchen and bathroom like they did with the other apt, just for the floors to be re-done since they're in terrible shape and transmit the slightest noise and are really disrupting our lives. I assume management won't allow only partial renovations since they want to increase the rent as much as possible for the new lease :/ Is there any way I can convince them?
Are you certain the LL intends to have you sign a new lease?
If the apartment is slated for a full renovation, it will be easier to do that if it's vacant. Which means, your LL may expect that you (and your roomies) will vacate at the end of the current lease.
^right. Places usually fully renovate unnocupied units. Its cheaper and faster and is worth the month missed of rent.
Plan on moving at the end of your lease. Or negotiate a rent increase with NO added renovations if you really want to stay.
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