How much can a New York City landlord raise rent on a non-rent-stabilized apartment lease?
Tuesday, March 27th, 2012 at
12:04 pm
I live in Brooklyn, NY. Our lease is up this summer. Our building, which has five residential units and one business unit, is not rent stabilized. Are there any legal restrictions on how much the landlord can raise our rent? We’ve had our lease for several years.
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Tagged with: Brooklyn Ny • Legal Restrictions • Residential Units
Filed under: New York
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As much as the market will bear.
There are no legal restrictions on how much he can raise the rent.
as much as he wants. i feel your pain. im going thru the samething with my expiring lease. the rent in bk is just too expensive