youbet
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I’m going to review everything with my mom and a friend of mine in the industry.
Good idea, and please let us know how this turns out. It's an interesting situation and many of us will be curious to hear the results.
I do wonder what your specific objective is. If it is to get your mom a new 2 year lease limited to a 5% rent increase, I don't think that's going to happen. But, as njhowie mentioned, whether you call it an extension of the current lease or simply staying an additional month on a month to month basis, until a new lease begins, you're getting one additional month at the current, lower rent.
Do you have any feel for the demand for apartments in your building? Would the landlord face a month or two vacancy if your mom moved or is there demand that would immediately fill it?
I googled around a bit and quickly figured out that the NYC rules and regs are darn complicated. Good luck with all of this.
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