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landlord/tenant matters Archives

What NYC landlords should know about the state's proposal to curb Airbnb

Airbnb is an online marketplace that allows tenants, condominium owners and homeowners alike to rent out their homes for a short period of time. Some use the service wisely, while others take advantage of the platform to run illegal hotels.

Rent stabilization violations prompt tenants to seek compensation in court

In New York City rent stabilization is an important protection for low-income communities where individuals are unable to effectively cope with the vagaries of the housing market. Rent stabilization protects tenants from sharp increases in rent and guarantees the right to lease renewal. There are about one million rent stabilized apartments citywide.

Is it a good idea to be a landlord to your friends?

In May, we shared some tips for anyone thinking of becoming a landlord. Many people find themselves with an extra room or a finished basement, but not everyone wants to or is capable of renting that space out. Nonetheless, the practice of taking on a few tenants is increasing in popularity here in New York.

Should you become a landlord? Here are a few pointers.

If you live in New York and find yourself with an extra room or basement or other residential living space, you may have considered becoming a landlord. With real estate prices as high as they are, it is certainly tempting to have some help paying your mortgage.

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