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rent increasesApr 13, 2010


I'm a renter and my co-op board goes up on my rent every year by $20. The start of this year I got a $50 increase, is that legal? And they never want to take care of my repairs, I have a faucet leak for a year now.

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Re: rent increases - Joseph Shkreli Apr 13, 2010


If you have any type of water leak the building should take care of this prompltly as this is in their best interest from a financial point and a prevenative maintenance one. If you rent in a COOP, then you really need to speak to your landlord regarding your maintenance issues. If you were in a rental building where all of the apartments were rental then yes your maintenance issues should be addressed by the building staff in a timely manner.

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rent increas - adt Apr 13, 2010


I am a renter in a co-op bldg & my apt is not a sublease apt. Can the co-op board continue to keep going up on my rent until i can no longer aford to pay it?

Regarding the water leak, you are correct. My co-op board is dysfunctional. If you only knew the half.

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Reply to adt re: rent increase - BP Apr 14, 2010


adt: If you're a renter in a rent-stabilized apt - not a sublet tenant in a coop shareholder's apt - the coop has no right to collect rent, maintenance or whatever they elect to call it from you, let alone raise it.

The coop can only deal with a shareholder's coop financial matters. If you don't pay your rent, only the landlord who owns the apt you live in can go after you for it, and he's the only one you should pay it to. Similarly, if a sublet tenant doesn't pay rent to the shareholder of his apt, the coop can't go after that tenant. The coop can only collect maintenance from shareholders. If a shareholder can't pay his maintenance because his sublet tenant doesn't pay his rent, that's an issue the coop has to resolve with the shareholder.

Also, if you live in a rent-stablized apt, your landlord can't raise your rent whenver, or as much, as he wants to. Per NYC law, a landlord can only raise your rent 3$ with every 1-year lease or 6% with every 2-year lease.

adt. where is the landlord/owner of your apt? Why isn't he collecting your rent? Unless we don't have all the facts here, stop paying money to the coop and talk to your apt landlord.

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Rent increase/leaks - VP Apr 14, 2010


Who are you renting from? If it's the sponsor -- where you would be under rent control or rent stabalization laws -- you should check with the DOB. Otherwise, if you are renting from an owner, you should have a sublet contract -- and they can charge anything they want.

Again, whomever owns the apartment is responsible for dealing with the water leak. Either having it repaired or notifying the Coop board.

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rent increase - adt Apr 18, 2010


I found out, because my bldg is under nyc hdfc, which is a housing program that is owned & operated by some of the tenants that are shareholders they can do what they want. A certain percentage of the apts have to be rented & another percentage are coop. The board can go up any amount they want on the renters & also charge what they want for the rentals. I thank you all for your responses.

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Rental fees - vp Apr 14, 2010


Is the Coop your Landlord? If not, you have to take up your issues directly with the owner of your apartment.

If you rent from an owner -- its the owner who is passing the increses onto you -- and it is leagal for a Coop to have Sublet fees -- mostly to discourage owners from trying to run rental businesses in a coop.

If you have leaks etc, again its the responsiblity of the owner of the apartment. The OWNER has to contact the Coop or if the leaks etc, are not covered in the coop agreement, the owner is responsible for the repairs.

The Coop has the right to charge sublet fees. The idea of a Coop is NOT to live in a rental building, and in most coops, sublets are not allowed.
VP

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Rental Fees - Steve-Inwood Apr 16, 2010


Hello! My Co-op owns about 10 rental units. We obtained them after the Sponsor went bankrupt and we sell them when the renters move out. Rent goes up every year based on what the rent control board sets. I don't recognize your initials adt and so I hope you are not in my complex however if you have a leak, report it to the super. In resident/super relations and if you are not already doing this, I have found that a small tip either at the Holidays or on a small per service basis often helps (the same with other trade-people). If they do not respond within a reasonable amount of time, call the Managing Agent and/or a Board Member. Then if no response, call 311. If you live in 31 Nagle, 37 Nagle or 14 Bogardus Place, shoot me an e-mail and I will see to it that you get your leak fixed.

Good-luck!

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