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. Regards, 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 IMPORTANT/ CONFIDENTIAL: This message is intended only for the addressees shown above. It contains information that may be privileged, confidential, and/or exempt from disclosure under applicable law. If you are not the intended recipient of this message, you are hereby notified that the copying, use, or distribution of any information or materials transmitted in or with this message is strictly prohibited. If you received this message by mistake, please immediately contact us and destroy the original message. Thank you.
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Courtney Birnbaum