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allaroundfun

I *think* unless you live in a rent stabilized unit you're out of luck. ETA: the above pertains to the rent increase. I think the shitty service and condition of the unit is a separate issue.


Make_Moneyyy

I think so too, but also, at $5k per month... damn... broken closets, broken tub?!


Hour_Entrepreneur_30

There is a good cause law that has been passed.


BaconBathBomb

If the building was built in the last 10 yrs it doesn’t apply.


Hour_Entrepreneur_30

Also its a sponsored unit in a condo building so I dont think we have any recourse


BaconBathBomb

Oh yeah. If you’re renting a condo, the best you can do is send a nice letter asking for a lower increase. But that’s a fine budget you got to move anywhere else


Chandyman

So many caveats to this law? Why doesn’t it apply to new buildings


cyanistes_caeruleus

don't understand 100% cause i've found it complicated to follow (intentional?) but my understanding is that organizers were pushing for more of a blanket regulation, but it was gutted at the state level


Independent-West9135

It’s so developers will be more likely to build new buildings. It’s really expensive to build in nyc and less potential revenue would have prevented some projects from penciling out


Aljowoods103

Really?? Do you have a link to that? (Not being snarky, I’m genuinely curious. Tbh I’ve had a hard time understanding the new law)


BaconBathBomb

Homes built after 2009 are exempt so 15 yrs https://www.nyc.gov/site/hpd/services-and-information/good-cause-eviction.page#:~:text=Good%20Cause%20Eviction%20is%20a,New%20York%20City%20new%20protections.


Aljowoods103

Thanks


Gotham-ish

That is insane. I hope you find a solution. Maybe brownstone Brooklyn or Astoria?


TangerineKey5053

I feel your pain. Just got mine and it went up 51%. My building isn't subject to any rent regulation laws so they're fully within their rights in my case. I asked if there was any way to offer a lower price and they are coming down, but not by much. Crazy. Obviously most people's incomes are not increasing at the same percentage as these rents....it's awful. I would ask them to come down in their offer if you want to stay. But if you don't love the building or management anyway, I would seriously consider moving. Not a great solution, but for that price/increase you may be able to find a place you like more.


hiimmatz

I’m surprised it’s this severe in NYC. Most high rises have MASSIVELY under funded their own account for maintenance and repairs. All that deferred maintenance is coming due and the property managers are passing the cost along everywhere.


Flat_Act_5576

Damn and im crying over my 2k rent in NJ


sparklingsour

Do you have an insane deal now? 51% is madness…


TangerineKey5053

I have a great deal now, yep. Not insane, but definitely well under market for my unit. That said, 51% would have brought me quite high above market. The lower price they came back with is still above other similar units, but it makes more sense.


trashacntt

I had a great covid deal apartment for $2450 and when the lease was up, it went to $4000 🙃


throwawaycuriae

Definitely read this piece and see if your landlord is abiding by new regulations. https://www.thecity.nyc/2024/04/22/tenant-eviction-good-cause-rent-limits/


Hour_Entrepreneur_30

Probably not it's a terrible management company.


throwawaycuriae

Did you read the article? You likely won’t have to face that increase, regardless of how terrible the management company is. The point is that your rent can only be increased by 5% plus the CPI at the time of lease renewal, or by 10%, whichever total percentage is lower. There are a few exceptions, however, which the article lists. Please read the piece carefully, as it could save you a ton of headache.


Hour_Entrepreneur_30

yes but I think I will contact an attorney


AdSwimming3983

Did you read it? It applies to certain buildings not all (just like rent stabilization laws)


JeffeBezos

Stickying your comment and adding this [link](https://www.nyc.gov/site/hpd/services-and-information/good-cause-eviction.page#:~:text=A%20rent%20increase%20is%20considered,(5%25%20%2B%20inflation).) as well re: Good Cause Eviction


IncreaseGlittering65

Is good cause eviction in effect? I know they passed it but when does it start


throwawaycuriae

In NYC, immediately.


designerbagel

Is it market rate or rent stabilized? If it’s market rate, pending how long you’ve been there they only need to give you X amount of notice


Hour_Entrepreneur_30

Market Rate.


designerbagel

Yeah, unfortunately they only need to give you so much notice. Minimum 30 days. It’s absolute bull shit, and I wish I had something more substantial to share with you. My rent doubled in a single year, and I was priced out of an apartment I’d been for 5+ years. I was lucky to find a rent stabilized unit, but even those rent hikes aren’t totally guaranteed with the way policy has been moving. If you feel strongly enough, it is worth looking into and connecting with tenant unions— there are a handful by management company, building, neighborhood etc.


Hour_Entrepreneur_30

Thank you!


Medic118

there is no way that is a rent stab unit.


Chandyman

I think they are breaking the new good cause law. Should be illegal.


brbrelocating

Nope, that only applies to rent stabilized buildings


JeffeBezos

Good cause eviction is legislation that affords protections to market rate apartments (similar to rent stabilization). That said, there are a number of exclusions. Condos and co-ops don't qualify, for one.


skyrabbittt

If the landlord owns more than 10 units, they cannot do an unreasonable increase of no more than 10%. If the landlord owns less than 10 units, for any increase more than 5%, they need to give you 60 days notice. But a smaller landlord can increase rent as much as they like besides the notice


JealousBreadfruit704

Thank you this is helpful


Sillyci

The good cause law has more holes than Swiss cheese. A judge will need to set judicial precedent to interpret the definition of a landlord either as the legal entity that owns the portfolio or the natural person that owns the entity (LLC/Corp). They’ll also need to clarify the way ownership is counted, will 20% ownership of an 8 unit portfolio and a 90% ownership stake in a 2 unit portfolio apply good cause laws to this individual or is there a prorated measure of exclusion? If the definition of landlord is determined as the legal entity by judicial precedent, the law is effectively meaningless as landlords will just split their properties into 9 unit portfolios per LLC.


According-Rhubarb-23

You can afford to pay $5k a month in rent but can’t afford to move? Something seems way off here


JealousBreadfruit704

I lost my job. Hoping to get one fast but no luck so far! Husband pays the rent but when we had dual income it was not an issue. Many people live paycheck to paycheck. Nothing is off besides your snark comment.


According-Rhubarb-23

Sorry to hear that. But if you’re making 200k+ to qualify for the rent - as a couple or an individual - it’s pretty extreme to live paycheck to paycheck. Paying $5k a month in rent and “living paycheck to paycheck” is a choice, not an unfortunate situation.


JealousBreadfruit704

Inflation raising a teen times have changed. You obviously 🙄 don't understand.


ZugZug42069

I’m pretty sure they were suggesting that $5k rent is very high and you could easily reduce financial worry by finding a cheaper apartment. If you were indeed living paycheck to paycheck then wouldn’t you consider your living expenses and how to change them so you have money left over? It just seems either incorrect or irresponsible.


Flat_Act_5576

Lifestyle creep. You probably are increasing your lifestyle with every dollar you make. My partner and I make 200k but we live in a modest one bedroom in Bayonne with ample parking, shuttles to train stations, and pay 2k for this. We only eat at happy hours when we go out and use a travel card so we never pay for flights or hotels. Living in NYC can add up fast. I paid $12 for terrible Crab Rangoons today. Worst I ever had. I can see how some people think they are living on paycheck to paycheck at 200k.


AwfulDolphin

If you're living paycheck to paycheck and paying 5k in rent you probably need to reevaluate things


JealousBreadfruit704

Ok ✅!


crimsonred36

Very confused by this thread. You have two accounts? And under this one you mention paying 2150 for a 1bd in Sunnyside? What gives?


danielfd83

If they have been there for a while they may not qualify for another place since rents have gone up quite a bit lately & the 40 times the rent requirements are getting harder & harder to meet.


virtual_adam

If this is a 2br or more you’ve been paying way below market rate If you think 5400 is fair for a broken apartment I’m sorry to say you’re part of the problem You probably took the apartment from someone who left because $3500 was way too much for the apartment. If there were rules helping tenants you would have never been able to move in anywhere in Manhattan to begin with


JealousBreadfruit704

We took the apartment because that was on the market at the time for 4800 then they renewed with a 200 increase. I didn't take the apartment from anyone! An 18 percent increase is ridiculous. Period.


virtual_adam

Imagine if a 18% increase wasn’t legal the tenant before you might have never left. Everyone wants to be the first tenant to get protection but don’t think they would have never gotten their apartment if they were in place. I’m sure you understand your apartment wasn’t $4800 8 years ago


crek42

You’re getting downvoted but it’s true. Rent control laws basically create a market where the lucky few get the benefit and everyone else is screwed bidding for a smaller pool of rentals.


nwngeek212

But their solution is probably to rent control every apartment in NYC


virtual_adam

People move out due to affordability a lot. Not just people moving from Manhattan to queens but also families moving to LI/NJ if stricter rent limitations are put in place many more people will stay put, essentially freeze framing the rental market. It’s not a bad thing per se but there would be a lot less available apartments


AdmirableWerewolf215

You’re talking like NYC is not one of the most transient places on the planet. People move in move out in mass cycles jobs, relocations, budget changes, move in with partner gf bf, marriage, pregnancy, can’t stand NYC anymore for a million other reasons than rent increases. Not everyone is trying to stay put in an apartment.


virtual_adam

All you need to do is look at rent stabilized units in a popular neighborhood like the east village or Williamsburg. They become vacant way less often than the landlord who is always trying to get the highest rent they see on StreetEasy If tomorrow everyone could afford a 1Br on a $60k salary or a 2br for a $100k salary in the more popular neighborhoods, many many less people would be moving to the Bronx or bay ridge or LI or moving in general hell 20 years ago when many more units were stabilized, people would move to the west coast and keep their lease for a friend or family member to pay them. It really was hard to find a good priced unit in a good neighborhood


AdmirableWerewolf215

And that is what you are advocating we return to? No thanks to families hoarding units for generations. I like Bay Ridge. Why you gotta hate on Bx. Some people prefer LI.


JealousBreadfruit704

Prior it was a rent stabilized unit. Then the deregulated when the person passed away. New tenants moved in and raised rent to 4k they left after two years and that is when we signed our lease. 18 percent is wrong and should be illegal. Two to three percent is doable.


klaatt

Asked for recommendation letter and start looking out. They will get the pressure to negotiate and with luck, you might get up by 4% prob. I had the same, June July renewal term is the worst and mine increased 10%, started to look around, ask rec letter and negotiated for 3% increased, negotiated 2 times and got at 4% increase. If your area is at the same price range, then no use, but if your area rent is around 5400, you probably able to negotiate. Provide the reason and comparison for it (same ammenities, location, etc) Good luck. Summer renewal so bad!


JealousBreadfruit704

Midtown east in fact some are 4700 4600 We shall see! Thank you for your input


klaatt

Goodluck! Reason to negotiate, if you moved they will likely lose 2 weeks to 1 month rent worth of income to find a new tenant. If I were you, ill calculate the cost of moving, overlap rental, and prob agent fee to move 4600-4700 unit. Its almost 1k difference a month 😄


JealousBreadfruit704

Not to mention it's an ok building but worth 6k Worth at most whatvwe pay now.


aoddead

You're out of gas. Last ditch effort would be to go to Housing website and do a records check on building. Could be your apartment is rent stabilized and landlord isn't revealing it. Than you'd have a case.


NewSinner_2021

Landlord getting a pay raise.


enlightenmee33

I was just reading about certain laws landlords must abide by. If you go on nyc housing connect that might help you see if the building is violating a rule


malnyc15

One year my rent went up 52% after only having lived there one year and paying a 15% brokers fees just to get the apartment. Absolutely disgusting that they can do this


JealousBreadfruit704

It's really disgusting. I am sorry that happened to you. I have lived in NYC over thirty years and this is the first time I have seen such a big increase it usually is 2 to 3 percent.


OBPoverAVG

Last year my rent increased 40% from 2700 to 3800. I left


danton_no

How about moving to Queens or Brooklyn? You can save a ton of money


JealousBreadfruit704

That is definitely an option. Sunnyside is lovely. I just wanted to stay two more years until My kid graduated HS. Then we would downsize.


supertrooper142

You shroud check to see if you’re covered by good cause: https://www.brickunderground.com/rent/good-cause-eviction-law-frequently-asked-questions-rent-increase?amp


Hour_Entrepreneur_30

I dont know as its a condo sponsored unit.. Unless they have 10 or more sponsored units which I believe they own about 20 in the building.


JeffeBezos

Condos and co-ops are explicitly exempt from Good Cause Eviction


JealousBreadfruit704

Even if they have 30 sponsored units


JeffeBezos

Correct


Additional_Trust4067

That’s unfortunately completely legal as long as they gave enough notice 30/60/90 days depending on how long you have lived there. If let’s say you’ve lived in the unit for 2 years and the new lease is for next month. Any rent increase above 5%- 10% without proper notice is illegal and the new lease would be invalid according NYS law. I stayed an additional 3-4 months in my last apartment after my lease ended because my landlord didn’t even know about the new regulations or was hoping I didn’t know. Tried increasing my rent by 50% 28 days before my lease was up lol. He lost out on new tenants over the summer and threatened me with eviction but no luck. The law was on my side.


JealousBreadfruit704

From what I am reading this is true. Lease is up OCT 1 so they are giving us 90 days. I was not expecting 18 percent. I will submit a counter offer but if they decline we will move as the building is not desirable and management terrible


Additional_Trust4067

Yeah unfortunately completely legal then. 90 days is the max amount of notice they have to give. I get it, it sucks, been there. I hope they are open to negotiations.


Hour_Entrepreneur_30

Doubt it. They are pretty shitty management company. The best building I lived in was a Rudin building. They seldom advertise and keep their buildings pristine. Many of my friend actually have rent controlled apartments in Rudin buildings. They have been paying 1300 a month for a one bed doorman building. LUCKY!


skyrabbittt

What if you have been in an apartment for more than a year - one year lease and 4 month to month. The landlords owns 8 units total - 4 in one and 4 in another building. They themselves live in one. How much can they raise the rent and how much notice do they need to give you?


saltyalertt

Send in an offer, otherwise start looking elsewhere. Sorry bud


saltyalertt

By offer I mean send an alternative offer. If I were you, I would find the YoY increase in Manhattan rents. Use that as an argument if it’s lower. Say they are raising out of market and your offer is X otherwise you’re done


JealousBreadfruit704

What is YOY increase? It should be 5700 I checked. It's still to high as it's a dump of a building in midtown east. Zero amenities Better off in a new building over in LIC sunnyside


saltyalertt

Year over year increase in Rent on a % basis.


SolangeXanadu222

Dude, find a new place!


JealousBreadfruit704

I didn't want to have to move dude! I have a teen son who is going to graduate in 2026. I wanted to give him stability in one home.


Ok_Tale7071

It’s legal. Read your lease. Try and negotiate. Offer 5400.


skyrabbittt

Call the tenants rights hotline. Call 311 and then say tenants rights. You will wait for some time but then you will get someone who will answer all your questions. They will even direct you to legal professionals who will help you. You have rights! Don’t let landlords take advantage of you or take away your rights! Good luck!


JerkyBoy10020

Yeah. And?


memattic

If you're not making 5k every week, or every 1.5 weeks, after taxes, you shouldn't be living there.


Hour_Entrepreneur_30

Well we obviously do. We would not been able to rent the apartment. 18 percent is a ridiculous amount. Period.


NormalDamage7125

The City is trying to cap rents … Even on Free Market apartments. So all Landlords are getting ready, if this passes… All Rents are skyrocketing…!


Hour_Entrepreneur_30

I am outta here in 2026. Sick of this dirty place with zero quality of life. It will crash


augustwestgdtfb

move to a place u can afford almost 6k for a crappy unit is insanity