Adam Leitman Bailey's blog

High Rent Vacancy: Not Actually Automatic Deregulation

Throughout the residential housing industry, there is dangerous ignorance of the amendments promulgated this year, amending the Rent Stabilization Code. All owners should be reading as much as possible about these amendments. Business is simply not the same as it was.

Q&A: Allowable Adults Living in Studio Apartment

Q: We have a situation in the building that deals with overcrowding in a studio apartment. A young couple purchased a studio apartment during the past year. The couple then had a baby girl. Following the birth of the child, the grandparents arrived from China and the owners of the apartment stated that the grandparents were going to watch the child over the summer. However, at the end of the summer the grandparents didn't leave.