Asked by Mark Herzog
I live in New York in a rent-stabilized apartment with three roommates. One of us is moving out, and a new friend of ours is moving in to take their place.
There are rules around how much rent can be raised on current tenants- and 2 of us are the "current tenants", one of whom isn't. The management company is claiming that since it's a new lease, the 3 of us make up a new set of "tenants", and the rent stabilization laws don't apply to us.
I'm looking for some guidance here- what exactly is the definition of "current tenants"? Is it like the management company claims, or since 2 of us have been here for 2 years, does this mean we remain the current tenants?
There are rules around how much rent can be raised on current tenants- and 2 of us are the "current tenants", one of whom isn't. The management company is claiming that since it's a new lease, the 3 of us make up a new set of "tenants", and the rent stabilization laws don't apply to us.
I'm looking for some guidance here- what exactly is the definition of "current tenants"? Is it like the management company claims, or since 2 of us have been here for 2 years, does this mean we remain the current tenants?
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