Sentences with phrase «stabilized apartment leased»

Not exact matches

The Rent Guidelines Boards (one in New York City and one each in Nassau, Westchester, and Rockland counties) set maximum allowable rates for rent increases in stabilized apartments for one and two - year lease renewals.

Pendergrass» apartment is rent stabilized, meaning her lease is renewed every 2 years, with an increase set by the city's Rent Guidelines Board.

The Rent Guidelines Board voted to consider a 0 to 2 percent increase in rent for stabilized apartments with one - year leases, while stabilized apartments with two - year leases will face an increase of.5 percent to 3.5 percent.

Rents for New York's stabilized apartments are set to rise for the first time in three years after the Rent Guidelines Board approved a 1.25 percent hike for one - year leases and a 2 percent hike for two - year leases.

«Over the past five years, the operating costs of owners of rent - stabilized apartments have increased 16 percent, while the RGB has limited rent increases on a 1 - year lease to a fraction of that, 2.25 percent, over that same period — including two consecutive rent freezes,» said RSA president Joseph Strasburg.

A proposal from NYC Mayor Bill de Blasio would let anyone living in a loft — even if their name isn't on the lease — apply for protections under the loft law, which lets residents make their apartments legal, have them brought up to code, and get rent stabilized leases.

The Rent Stabilization Association has also gone to court to challenge a decision last year by the Rent Guidelines Board, for a second straight year, to bar a rent increase on one - year leases for tenants in rent - stabilized apartments.

Under state and city rent regulations, tenants can continue renewing the lease in their rent - stabilized apartments for as long as they use it as a primary residence, and landlords can increase rent only by an annual percentage set by a city board.

The city's Rent Guidelines board voted Monday evening to extend the rent freeze on one - year leases for rent - stabilized apartments, in a repeat of last...

Travis Mock, an associate in the litigation practice, received an award from the New York Legal Aid Society for his work litigating to keep a severely ill and indigent woman and her son from being evicted from their apartment based on allegations that they conspired with the managing agent to enter a fraudulent rent - stabilized lease.

However, if the apartment is rent - controlled or stabilized, you may have a right to a renewal lease and / or protection from eviction if you resided there with your mother for 2 years before her death.