Legal Question in Landlord & Tenant Law in New York
Tenants rights when a new landlord takes over
I have been living in my apartment for 14 years.
I live in the borough of Queens, NY.
I have a lease agreement that ends 9/2006.
My landlord, who lives in the same building, sold the building.
What do I do if the landlord decides to raise the rent?
Up until now, when my lease is up I have been allowed to select either to enter into a 1 year lease or a 2 year lease. Each lease corresponds to a different increase in monthly rent. If I select the 1 year lease my rent may increase up to 6%. If I select the 2 year lease I may have a rent increase of up to 5%. These are made up numbers.
But, can the new landlord raise my rent up like 15%, 25%, or even 75%?
What rights do I have and how can I learn about them?
Thank you for your time.
2 Answers from Attorneys
Re: Tenants rights when a new landlord takes over
If you building is rent controlled or stabilized, then the new owner took the building subject to your lease. He bought you as a tenant with the building. the change in ownership does not affect you.
The legal doctrine is called 'attornment'.
Re: Tenants rights when a new landlord takes over
As long as you live in rent stabalized housing, which it sounds like from the tone and form of your question, you do, your landlord is limited in how much he can raise your rent by the rent stabalization guidelines.
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