rent stabilized units Archives - Tanya Hobson-Williams

Last updated by Tanya Hobson-Williams at June 23, 2023.

NYC Landlords Seek Increases for Rent Stabilized Apartments

Landlords attended a virtual hearing before the New York City Rent Guidelines Board on June 13, 2023, to ask for permission to raise rents for their rent stabilized apartments. Their rationale for asking for rent increases was to keep up with rising costs to maintain their apartment buildings, which have increased due to higher property taxes, maintenance costs, and insurance premiums. Tenant advocates want to keep rents from going up, expressing concerns about affordability in the city.

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What Does It Mean to Have a Rent Stabilized Apartment?

Rent stabilized apartments are among the most sought after apartments you can find in New York City, but the competition to get them is fierce. This is because they are often the most affordable living spaces in the entire city, with rents significantly lower than other, unregulated apartments. But what does it mean for an apartment to be rent stabilized, and what rights do you have if you are a tenant in a rent stabilized unit?

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Testimonials

“I want to take this time to thank Tanya and Keith for their professionalism and their ability to keep me calm during this process. Tanya was very helpful in explaining the whole guardianship process and my next steps. Despite my numerous emails, I never felt ignored or that they were growing weary of me. Even after being granted guardianship when I had an issue with the bank releasing money Tanya stayed calm and found a way to get what I was entitled to. I hope I never need to do this again but if I do, I will definitely come back to Tanya and her team. Thank you Thank you Thank you. Love from Bermuda.”

-K. Durham.
(An attorney in Bermuda transferring a Bermudian guardianship to NY)

Elder Law

Elder Law encompasses a broad range of legal matters. It is important for everyone, regardless of age or health, to plan for the future.
Guardianships

The legal system recognizes that some adults, whether due to disease, dementia, mental deterioration, or disability, are unable...
Medicaid / Medicare Fraud

Medicaid is a joint state and Federal program that provides insurance to individuals based upon their income and resources, while Medicare...
Reverse-Mortgage Foreclosures

Reverse mortgages are becoming an increasingly popular way for aging homeowners to refinance...
Landlord-Tenant

Landlord Tenant law can be a complex and confusing subject. Disputes over leases and rent payments are often emotionally...
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Real Estate Transactions

Many people question why they need an attorney to purchase or sell a home.