If someone with a rent stabilized apt was offered a renewal lease with an option for a one year renewal or a two year renewal with the lease renewal term starts Sept 1, 2026, and they opted for a two year renewal term, signed the lease, and returned it to the
landlord, but now the board has prescribed a zero percent increase for rent stabilized lease terms beginning on Oct 1, 2026, can the landlord still charge the increase in the renewal lease for the second year (Sept 1, 2027 to Aug 30, 2028) or does the landlord
have to redo the lease and offer the proper prescribed rate of a zero percent increase for the second year of the lease renewal term? The tenant has not gotten the lease back signed.
Courtney
Law Office of
Courtney L. Birnbaum, Esq. (MBA, JD, LL.M.)
43 West 43rd Street, Suite 373
NY, NY 10036
646-258-0186
Courtney@BirnbaumLaw.net
Licensed NY, NJ and CT
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