Here's the situation.....
My mom lives in NYC...
She rents a market rate apartment and her lease expires 1/31/23. Her current base rent is ~$ 3540 per month. I read that if the building management company intends to raise her rent by more than 5% on the next lease they have to inform my mom no later than 90 days before the next lease begins, which in this case would mean she should receive the new lease by 10/31/22.
She did not received a new lease until 11/12/22
As I previously mentioned, her CURRENT lease base rent is $3540 and terminates 1/31/23. They acknowledged that they can't raise the rent more than 5% because they are not within the 90 day period. However , they extended her current lease to 2/23/23 and now have sent a lease renewal commencing 2/24/23 and raising the rent to $3900 ( over a 10% increase!).
Can they legally just extend her lease without my mom's consent? And then turn around and raise it 10%?
seems very dubious.
What can we do?
thank you
My mom lives in NYC...
She rents a market rate apartment and her lease expires 1/31/23. Her current base rent is ~$ 3540 per month. I read that if the building management company intends to raise her rent by more than 5% on the next lease they have to inform my mom no later than 90 days before the next lease begins, which in this case would mean she should receive the new lease by 10/31/22.
She did not received a new lease until 11/12/22
As I previously mentioned, her CURRENT lease base rent is $3540 and terminates 1/31/23. They acknowledged that they can't raise the rent more than 5% because they are not within the 90 day period. However , they extended her current lease to 2/23/23 and now have sent a lease renewal commencing 2/24/23 and raising the rent to $3900 ( over a 10% increase!).
Can they legally just extend her lease without my mom's consent? And then turn around and raise it 10%?
seems very dubious.
What can we do?
thank you