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Ask liberal socialist democrats in Albany. They're the ones who passed 2019 new rent laws that took cap of RS rents.
Besides existing units there are tons of apartments in "affordable" lottery housing with rents > $3500 and all are rent stabilized.
I have to take issue with this. The Democrats passed a tenant-friendly rent reform act in 2019 that did away with vacancy control and ended the gigantic loophole through which landlords removed apartments from rent stabilization at an alarming rate.
Previously, landlords could say they spent a lot of money on renovations (and didn't have to show receipts or any kind of proof), thus pushing the rent up above a specific amount and removing the unit from RS.
If this is what Bugsy means by "took cap of [sic] RS rents," so be it. The cap was bad because above that amount, there was no rent stabilization.
The 2019 rent saw included many reforms:
It got rid of vacancy decontrol, which many landlords used to remove units from RS, as described above.
It got rid of the automatic vacancy increase, which was 20% every time the unit changed hands.
Put a cap of around $15,000 on the cost of a renovation a landlord could do to a vacant unit. A percentage of this is still added to the rent, but now it's limited, whereas before it was unlimited.
Ended "preferential rents," which allowed landlords to charge a lower rent for the duration of the lease and then jack the rent up to the "legal" rent, which could be hundreds or thousands of dollars a month more.
So judge for yourself and decide if the 2019 law was beneficial for tenants! Any apartments we have seen in this lottery for under $3,000 would be well above $5,000, and rents for the more expensive apartments would be 20% higher, if not more.
The reason new lottery buildings have such high rents is that the real estate lobby still run NYC and developers want the higher rents. The city has only tax breaks to offer, so the city has to go along and play nice with what landlords are demanding.
Last edited by macnyc2003; 10-25-2023 at 07:30 AM..
Just curious, do we all think $3,600 for a 1 bedroom is 'affordable' these days?
I know people love Stuytown, but does this really belong in the 'affordable' category?
I agree with you that most New Yorkers cannot afford this. But at least this is rent stabilized, and market rate would be about $1,000 higher, judging from Streeteasy. Plus, market rate units are subject to unpredictable increases in years to come and perhaps no renewal lease at all.
Im glad that the lottery is not finished. These prices are not very affordable but they are discounted for people who are more comfortable. The real hunger game is for the apartments that are affordable. Keep your eyes on them and dont discourage.
I’m getting divorced with my partner and our lease is up 2024.
Since we live in a two bedroom lottery apartment I was wondering if there’s any way to keep this apartment without his name on the lease? For example can I just have my name on it or add someone else?
Location: Read the Marketing Handbook, and Income a Guide.
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Quote:
Originally Posted by parchmentnyc
Hello all
I’m getting divorced with my partner and our lease is up 2024.
Since we live in a two bedroom lottery apartment I was wondering if there’s any way to keep this apartment without his name on the lease? For example can I just have my name on it or add someone else?
Thank you
Ask you divorce lawyer for a bit of guidance here. Contact the right away to raise the concern. I don’t know much here. Maybe it’s simple, or maybe it’s complex. Seems like it could be hard, if you and your partner each want to remain living there post divorce and/or get into a dispute about who should move out.
This type of circumstances must have occurred thousands of times in the past in divorces. There might be some document the lawyer can arrange ahead of the renewal of the apartment. I suspect, the lawyer would guide you not to add another person to the lease but to make it a roommate relationship. This could avoid the new person making a claim to unit.
If the partner you are divorcing from has moved out, or when they do, write down where and when they have set-up their new home.
You should already be moving toward setting up separate bank accounts. Get the various monthly bills changed to your name alone, and pay them from an account only you hold. Rent, maintenance, electric, gas, phone, cell phone, cable, internet, and so on.
If so, you can keep the apartment and get a roommmate if you like.
Just be sure to take your ex partner off the lease. Contact management to get that done.
My main concern is if they would let me put a random roommate on the lease because when I initially signed the lease, they said it could only be spouse. Ideally I’d be able to just sign on a roommate so that I don’t have to move out
My main concern is if they would let me put a random roommate on the lease because when I initially signed the lease, they said it could only be spouse. Ideally I’d be able to just sign on a roommate so that I don’t have to move out
Yes I’m in Stuytown
for a stabilized lease once you are approved you should be able to keep the space even without your husband.
You are allowed to have a roommate as per roommate law, just cant charge more than a 10% premium over an even split of rent amongst occupants.
You don't have to inform them about the roommate but it's always best to cover your grounds, Once you finalize your roommate search just send a certified mail with delivery confirmation and keep it for your records. The mail should be a basic mail like hey management/landlord I will have a roommate X (their full legal name) living with me and this mail is an official notice to inform you of them.
You can ask management if you can take your husband off the lease mid contract but that can complicate things, upon renewal you can def ask them to take off his name as he wouldnt be staying there anymore.
Stuytown and any other landlord cares more about can someone pay rent and will they keep making payments even if household changes. It costs a lot of money to kick you out just cuz you are getting separated.
About your initial question, they definitely want a spouse / partner to be in the household, and they are on the lease. When you do get a roommate if I was in your shoes I'd want them to have no relationship with Stuytown or your landlord and the management will not add a roommate on the lease and you shouldnt even want to (just have a detailed roommate agreement to cover your bases)
After having all my documents approved, I was sent an offer for a two bedroom apartment in Stuytown. In our initial offer email, the breakdown of the money needed to put down is a little confusing for a 24-month lease, which I think I would prefer to sign for security's sake. There are three amounts listed for "First month’s Rent + monthly A/C**" for a 24-month lease: "$ 3010.07 / 3103.73 + 111.27". This is not counting the security deposit. Does this mean that I have to put down two months' rent along with the AC fee and the security deposit? Also, shouldn't signing a 24-month lease lock in the rent for the entire time? Why is there this second higher amount of 3103.73?
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Renew lease question divorce?
