Feature
August 21, 2014
Sooner or later even the luckiest owner gets stuck with a tenant who’s not paying rent. This makes it tougher for owners to make mortgage payments and pay bills such as employee paychecks, utilities, and insurance. But before you can sue to evict, you must ask the tenant to pay the rent owed...
Rent Increases
August 21, 2014
If you sign a vacancy lease with a tenant between Oct. 1, 2014, and Sept. 30, 2015, the new order issued on June 23 by the Rent Guidelines Board (RGB)—RGBO #46—lets you collect the vacancy increases permitted under the Rent Regulation Reform Act of 1997 (RRRA).
In the News
August 21, 2014
State Attorney General Eric Schneiderman recently launched an investigation into allegedly illegal tactics used by a Manhattan owner to force out rent-stabilized tenants across 100 residential buildings he owns in Manhattan.
Landlord v. Tenant
August 21, 2014
Alterations to Apartments: Tenant Renovated Bathroom Without Landlord’s Permission
Landlord sued to evict rent-stabilized tenant for creating a nuisance and for violating his lease by performing unauthorized alterations. Landlord claimed that tenant demolished the apartment’s bathroom...
Feature
July 25, 2014
If you’re like most owners, you may be confused about what documents you’re legally required to include with the vacancy and renewal leases you offer to tenants. Both the city and federal governments have passed laws requiring you to include various documents with leases in certain...
Rent Increases
July 25, 2014
On June 23, 2014, the New York City Rent Guidelines Board (RGB) issued an order—RGBO #46—setting the rent increases you may take for rent-stabilized tenants in New York City on leases beginning anytime on or after Oct. 1, 2014, through Sept. 30, 2015.
In the News
July 25, 2014
The New York City Department of Environmental Protection (DEP) announced a new program to replace as many as 200,000 inefficient toilets in up to 10,000 buildings citywide. The first phase of the program will target between 7,000 and 10,000 owners who participate in DEP’s Multifamily...
In the News
July 25, 2014
Over the past four months Manhattan market rental prices have continued to increase, reaching the highest peaks in more than five years, according to a recent Douglas Elliman report analyzing the rental market in Manhattan, Brooklyn, and Queens for June 2014. The market has tightened as a result of...
Landlord v. Tenant
July 25, 2014
Primary Residence: Tenant Must Submit to Independent Medical Exam
Landlord sued to evict rent-stabilized tenant based on nonprimary residence. Landlord claimed that tenant lived in New Jersey and sublet the apartment without landlord’s permission. Tenant claimed that he was away from the...
Feature
June 24, 2014
When it comes to apartment repairs, some tenants may be highly opinionated about all aspects of how the work should be done. In one case, an apartment needed painting and plastering, but the tenant wouldn’t allow the owner’s employees access to her apartment. She demanded that they use...