How can i fight a rent increase?
I was surprising to get her call because she never took any of my calls once the lease was signed Of course, she got paid. Anything else is your problem. She’s looking to get paid again. I know the landlord can raise the rent to whatever they like Other than knowing that the rental market in NYC is FUCKING NUTS, I don’t know much about it, but I do know in Chicago landlords can only raise the rent about 10% (someone please correct me on this, I know I’m mis-remembering.) Such rules may apply in NYC, though it’s doubtful a professional company would so obviously over step the rules… You have a couple of options… one is simple market leverage. If you move out and the apartment sets empty for two weeks, the rental company has already lost the $1,200 they would make off of you over the course of one year. But they know that. They are dummies (all of real estate, especially the rental industry, is staffed by morons and idiots) but the aren’t that dumb. They may however think that you’re
I second what Mike1024 says. Check craigslist and see what comparables in your neighborhood are going for, and look at a few. Then see if it’s worth staying. I think the landlord is counting on you not wanting the hassle and expense of moving for just a bump up of $100 a month, so if you acknowledge that to them, but then let them know that you’re willing to move anyway, they may come round. Bear in mind, however, that there may be no downside to the landlord if you move out. If you paid the brokers fee to move in, there is no expense to the landlord, and if your building is anything like mine, the new tenants move in the day after the old tenants move out, so there is no loss of income either. If you decide to swallow the increase, at least try to get some of the issues with the apartment resolved before the new lease signing. Brokers generally have nothing to do whatsoever with an apartment once the lease is signed and keys delivered. It’s their job to get the place rented only.
Does anyone have any advice on how I can convince the landlord that it is a poor time for a rent increase? Do I have any grounds to push back, or am I at their mercy? Here’s what you do: Stage 1: Go visit some letting agencies, and find a comparable apartment which costs less than yours will after the rent increase. Or better yet, several. If you can’t find apartments you’d be happy living in, costing less than your current one post-rent-increase, you’re boned because you can’t threaten to move (or more precisely you can’t follow through on the threat, and the landlord knows that, so it’s not a credible threat) and the landlord has no reason to give up the $1,200 he could make by getting a new tenant. Stage 2: Contact the landlord/letting agency and say “I like my current apartment and I don’t want the hassle of moving to a new place any more than you want the hassle of finding a new tenant. Unfortunately, I simply cannot afford a rent increase of $1,200 per year, especially with so ma
I was surprising to get her call because she never took any of my calls once the lease was signed Oh and btw, you should be very clear that you find it interesting that you hear from her now, but now when you needed a problem resolved. Leave her hanging uncomfortably from the rope she has so callously unspooled for herself.
