What to do about illegal subletters
Some rules are meant to be broken. Consider this message I received from an owner of rent-stabilized buildings: “There are countless units that have been in the same tenant’s name or family for decades while their needs and family makeup have changed. For example, they have a 3 or 4 bedroom apartment for a family of 1 and perhaps 2. They will then rent the spare bedrooms for $175 to $250 per week, per room.” This is not the way rent stabilization is supposed to work. But is it a victimless crime? The landlord didn’t think so. “When the tenant […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Inside the Search: Choosing the Right Deal in Chicago With
Taka Buranda

It’s a Family Affair: Multigenerational Living Rental Can
Help Landlords Boost Income While Offering Tenants
Affordability

PolicyPro: J-51 reboot flops for rent-regulated landlords,
boosts co-ops and condos

Hotel union deal puts cleaners on track for $100K
salaries

Mamdani targets Brooklyn corridors for major housing
push 

Saunders partners with Premier Estate Properties to link
ultralux markets

RealPage rent-fixing settlements pass $200M (and
counting)

Record High Mortgage Debt Sounds Scary. Here’s What the
Headlines Leave Out.

Richard Born dumps Chambers Hotel for $66M

NYC’s top deals: Benchmark scoops up $42M apartment complex
on UWS


