Illegal deregulation?
Started by Condor
almost 11 years ago
Posts: 0
Member since: Jul 2014
Discussion about
Hi, I need help with a confusing situation in my apt. Most tenants in my building are rent regulated and I wondered why I pay market, so I got rent records from dchr. Those say my unit was rent-stabilized in 1984, turned over in 1987 but remained RS, and was occupied by that same tenant until 2008. The final legal regulated rent was $780. That year the landlord declared the unit exempt from RS as a "high rent vacancy." But the legal regulated rent in was nowhere near the $2000 threshold. Also no indication that the unit was combined with another to be a new unit. How was this legal? And if it wasn't, what should I do? I want to pay the rent I'm supposed to pay under the law, but I don't want to get booted as a troublemaker. Help!
Landlords can deregulate the apartment by adding the cost of renovation improvements to the rent until it reaches the deregulation threshold of $2000 once it is vacated. The only person that can shed light on this issue is your landlord.
Landlords can increase rents by 18.25% for one-yr leases and 20% for two-yr leases after a vacancy on top of adding 1/40th of the cost of any renovation or major capital improvement to the monthly rent. Once the rent reaches
http://www.mcadamslaw.net/rentovercharges.html
While this tenant attorney is prominent in the field, I've heard no feedback about him.
Have you been in the apartment since 2008?? It would be pretty hard to get to $2,000 from $780. In addition to the 20% increase, the landlord could collect about a .5% increase for each year of the prior tenant's 21-year tenancy, so closer to 35% total. Still, that would require a $40,000 renovation to get to $2,000. Try this calculator
http://www.nycrgb.org/html/guidelines/vac_calc/vaccalc08.html