Lease break/ lease take over?

Hey @ksingh_1751687,

We do offer the ability for tenants who are looking to break their lease to post their listing on StreetEasy. If you would like to learn more, please click on the following link:

http://streeteasy.com/nyc/feedback/submit_your_listings?lct=footer&prd=submit_your_listing

If you have any questions, please email support@streeteasy.com.

Thanks!

ksingh, what neighborhood is this in?

Lucky you, ksingh. I'm currently in the same situation but my greedy LL won't allow me to assign the lease unless the new tenant meets the new rent requirements. I'm in a rent stabilized apartment paying a preferential rent...the LL said that once I break my lease the new rent will be the legal regulated rent which, after a 15% vacancy increase, comes to $2426/month...MORE THAN DOUBLE WHAT I'M PAYING NOW and around $900 more than the current neighborhood market.

We all know they'll ultimately fill the apartment by offering another preferential rent, but in the meantime they would rather strong-arm me into paying the early termination fee.

To answer your question, streeteasy lets you post listings on this site, and you can check out breaklease.com (although I've never used them). If you're having lots of trouble finding someone you may have to negotiate a lower rent just to get someone in there. But then you're still liable for the difference between the lower rent and what you're paying now for the next 8 months. You might be able to absorb that difference and still come out ahead compared to paying the early termination fee...or not. Just a suggestion.