Apartment Rentals in New York City – what you need to know.
Posts under Legal Issues Category
if your apartment is rent stabilized, you absolutely must know your rent history. Why? Because your landlord would love to remove your apartment from the rent stabilization system, which happens to approximately 20,000 apartments per year.
Up until now, your rent payments didn’t impact your credit score – more or less. Of course, if your landlord had to sue you to collect the rent, there was a negative impact on your credit
The City’s Worst Landlords – And Their Terrible Buildings
Owning a dog in New York City is a luxury if you are a renter. Very often, RDNY.com renters are surprised when they see the number of listings that would be available to them if the didn’t have a dog triple or quadruple. It’s especially difficult to find places that will approve of your dog at the low end of the rental scale.
The issue of rent stabilization has been a needle in the side of New York landlords for over 40 years. The arguments boil down to this…
“The landlord appears to have committed a grave error,” said Thomas P. Higgins, a Manhattan landlord-tenant lawyer. Since the lease defines the tenant’s space as including the backyard, Mr. Higgins said, the landlord has no right to let others use it.
Under the New York City Multiple Dwellings Law, a landlord may retain a tenant’s security deposit only if there was unpaid rent or actual physical damage to the leased premises.
The guarantor must meet high financial standards since he/she must support his/her own household as well as your household if you fail to pay the rent. Landlords usually require that a guarantor should have a good credit history and an income at least 75 times the monthly rent.
The real estate agent/broker is disappointed that he won’t get to keep his commission. So he’s telling the renters that they will have to forfeit it to the ‘landlord’. Ha! The landlord isn’t going to keep that commission and he knows it.
As usual, neither tenants nor landlords are happy. And as usual, landlords say they are on the way to the poorhouse and tenants say that nobody but the very rich will be able to live in New York. And as usual, thousands of people will be competing to rent apartments in New York City this year, next year, and beyond.
Here’s an article published for a national audience, but with New York renters right in the center of the target. The author’s ideas are solid and workable. We have compiled some worthy ideas of our own. Take a look at our excellent renters guide, The Essential Guide for Smart Renters to see what we’re talking about.
The details have been bandied about in the local press for the past two weeks, so the renewal and modification of Rent Stabilization rules isn’t much of a surprise to anyone.
How can you compel a landlord to fix a buzzer?
The fact is, when you’re trying to qualify for an apartment rental, some of the items on your credit report that can pose a threat to your plans might surprise you. Here are 5 surprising credit report entries you absolutely must fix.
Owners need to know that in the event the rent laws expire, the tenants occupying those rent-stabilized units would REMAIN PROTECTED pursuant to the terms of their leases and the numerous tenant protections contained in various other laws.
What it comes down to is that few apartments outside of Manhattan get de-stabilized, and fewer and fewer apartments in Manhattan remain stabilized. Do Manhattan developers really need the 421a tax abatements to make money on their projects? If they are getting a public subsidy, shouldn\’t the developers be forced to give something back to the city as well?
Public Advocate Bill de Blasio has created a website for renters to track New York City\’s worst landlords. \”We want these landlords to feel like they\’re being watched,\” de Blasio said. \”We need to shine a light on these folks to shame them into action.\”
Paying rent on time may soon improve your credit score. For the first time, landlords have incentives to report rental payment history to credit bureaus. This can be good news for many renters who need ways to boost their score.
Millions of consumers have fallen out of favor with the credit scoring gods. Whatever the reason, the rising number of foreclosures, short sales, late credit card payments and the ultimate credit sin — bankruptcies — have left black marks on credit reports most everywhere. So what can these people do to repair their credit?
A judge ruled last week that an Upper East Side renter could break her lease because her landlord failed to deal with her complaints about second-hand smoke.
What, if anything, can a tenant in New York do when the building he is renting in is being foreclosed upon?
The lease on my apartment expires in September. He wants to show it to potential buyers now. We are eight months away from the end of the lease. Can I refuse to let him show it?
Have you been wondering about whether you\’ll be protected if your personal property gets damaged, or if someone injures herself in your apartment?
Do rules made by the condo board apply to tenants like me? I would assume that new rules would be unenforceable if they required me to do or not do something addressed by my original lease.
Q What are the regulations when a New York City rent-stabilized apartment becomes vacant? What determines how much the rent can be raised, and how is it calculated?
Q. What are the implications of taking a roommate into my rent-stabilized apartment, considering that my rent is already over $2,000 a month?
Are you planning on renting an apartment in New York City? Do yo have to make trade-offs because your budget isn\’t unlimited? Do you have some credit glitches? Do you need a guarantor? Are you from out-of-town?
My fiancé and I recently ended our relationship, and I now want to move back into my apartment. Am I within my rights to ask the tenants to vacate the apartment in two months?
