D
David W
Guest
Hi I just signed a lease to live in a big building in brooklyn new york. Before me it was rent stabilization. Now it is no longer rent stabilization. I signed the lease for one year. When I asked them how much they can raise me the management said they raise by city standards. Now I am home and my family is telling me it should say the max they can raise you on the lease after it is renewed.
Is this true? After my lease is up can they raise it 20 percent or somthing crazy? I though all leases by buildings have a cap on it like 8 percent.
Please help I am not sleeping good tonight.
Is this true? After my lease is up can they raise it 20 percent or somthing crazy? I though all leases by buildings have a cap on it like 8 percent.
Please help I am not sleeping good tonight.