Fighting rent increase NYC

Google xpto36
Oct 21 42 Comments

Hi I just got a rent increase on my studio of $100 or 4.3%.

Would love to fight this and get it to stay the same of last year.

Does it make sense to fight? How would I go about doing that?

Market data? Complain about the conditions? Threaten to leave?

Thanks for the help!

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TOP 42 Comments
  • Amazon SDE III
    If $100 is 4.3% of your rent, you’re getting off cheap even for a studio.

    And no, you can’t fight it. Or, you can, but you won’t win.
    Oct 21 1
    • Twitter
      a.a.milne

      Twitter

      BIO
      It’s all trolling and shitposts.
      a.a.milne more
      Yeah that’s cheap for Manhattan
      Oct 21
  • Just leave
    Oct 21 0
  • New lmdrsn
    Be prepared to accept the increase but try to negotiate something in exchange. For example:

    - You'll pay 1-2 months rent in advance now if they keep the lower rent
    - You'll commit to a longer term lease (e.g. 2+ years... works if you have strong visibility on where you'll be) in exchange for lower rent
    - You'll accept the rent increase (or some number higher than your old rent) but you get X months free rent
    - You'll accept the rent increase (or some number higher than your old rent) but the landlord needs to resolve condition X (e.g. repainting the walls, new cupboard, etc.). You might get a good amount of value out of this if you're on good terms with your landlord

    Hopefully you've kept a good relationship with your landlord... good luck!
    Oct 21 2
    • Chase shaytoon
      ^^ this guy gets negotiating

      There is nothing stopping the landlord from increasing rent but there is also nothing stopping you for from walking. Or at least threatinjg to.

      Remind them that the apartment could sit vacant for 1 month, or about 2x the amount in increased rent he’s asking for.

      And most of the people on this thread are wrong. The land lords in the market are starting to get soft, which is why you see so many deals ( like 1 months free on a 13 month lease). It’s because landlords are trying to secure high rents now rather than risking lower rents in the future.
      Oct 21
    • Google xpto36
      OP
      Thanks both! Will consider it!
      Oct 21
  • Salesforce
    °°°°°°°°°°

    Salesforce

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    Where are you renting a studio in NYC for $2300? That's a pretty good price already, just accept the $100 or walk. If it's not rent controlled the landlord can do whatever they want when the lease is up.
    Oct 21 4
    • Twitter
      a.a.milne

      Twitter

      BIO
      It’s all trolling and shitposts.
      a.a.milne more
      Likely in Astoria ?
      Oct 21
    • Facebook / Eng oyjm
      Nah, you can get studio under $2500 in Manhattan if you are okay with no insuite laundry and older buildings.
      Oct 21
    • Google xpto36
      OP
      That's what I have yeah
      Oct 21
    • New / Product mocfra26
      I rented a newly renovated 1 bedroom (although 4th floor walkup) in East Village a year ago for $2300. The increase only went up $25 for the second year, and when I said I was leaving, he offered to not increase it at all lol.
      Oct 21
  • Flagged by the community.

    • Salesforce
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      No reason to be condescending 🤷‍♂️
      Oct 21
    • Cisco ./bro.sh
      Did U just assume my gender bro
      Oct 21
    • Google xpto36
      OP
      I do have a master in economics thanks for the non explanation on markets. Also the non commoditized markets allow in some cases for price negotiation which is the case here. Given I am new in NY wanted to understand how common such practice is. Cheers!
      Oct 21
  • Twitter
    a.a.milne

    Twitter

    BIO
    It’s all trolling and shitposts.
    a.a.milne more
    That’s not that bad but rents are going to be cheaper around Dec/Feb so
    A good time to look around
    Oct 21 3
    • Cisco / Eng 7-11
      Where’d you copy this from, 🍤 🍆 ?
      Oct 21
    • Google xpto36
      OP
      Thanks
      Oct 21
    • New / Product mocfra26
      My realtor also told me to hold off till Dec/Jan if I can. The rental market slows down a lot, and rent will be cheaper overall.
      Oct 21
  • Mitel mKvt18
    It’s called a market economy. Once your lease is up, you’re free to leave for a better living arrangement and your landlord is free to try to find someone willing to pay his new asking price. If you don’t want to pay ever increasing rent, move to the Midwest
    Oct 21 1
    • Google xpto36
      OP
      I do have a master in economics thanks for the non explanation on markets. Also the non commoditized markets allow in some cases for price negotiation which is the case here. Given I am new in NY wanted to understand how common such practice is. Cheers!
      Oct 21
  • Crew aXFh35
    You can politely ask if they can keep the rent the same for xyz reasons but be prepared to pay the new rent or leave.
    Oct 21 1
    • Google xpto36
      OP
      Thanks for the feedback
      Oct 21
  • Chase chaserly
    Market data shows that rent continues to climb in NYC. Everyone is increasing rent all the time and likely the landlord wants to keep up with the market conditions. It doesn’t make sense to fight because honestly if you don’t want to pay it, someone in NYC will. If I was smarter I would’ve never fought so hard to live in NYC.
    Oct 21 0
  • Think about it like this: Wouldn't you appreciate a raise at your work? Same concept here for your Landlord. She deserves a raise too!.. A $100 rent raise in NY or Brooklyn is NOTHING! (Don't make things over-complicated for yourself by unnecessarily villifying Landlords).

    Take it, and move on... (Spend your time kicking butt at work, so you get a $10,000 + raise this year, and a $125,000 + salary next year, rather than worrying about $100)...
    Oct 21 1
    • Google xpto36
      OP
      I would appreciate a raise at work and for that reason I work hard(ish). For that same reason I can work a bit and try negotiate down a monthly fixed cost
      Oct 21
  • Fannie Mae / IT mdarkroom
    Don’t threaten to leave, especially if you are in a prime part of Manhattan. It would be stupidity. He could easily rent it out for even more money. Just negotiate. Also consider move out expenses/application fees if you plan on moving out
    Oct 21 1
    • Google xpto36
      OP
      Thanks for the feedback!
      Oct 21
  • D. E. Shaw & Co. WXia81
    I successfully pushed back against rent increases for 2 years straight back in 2010 and 2011. I don’t know what the market looks like now though. I heard landlords are giving out incentives again, which might make them more agreeable to counteroffers from tenants that are willing to stay.
    Oct 21 2
    • Uhhh no... There are no "incentives" i
      If you find a decent place with a cool Landlord.... GRAB IT QUICK!

      Just be a chill, cool Tenant and you'll have zero problems
      Oct 22
    • D. E. Shaw & Co. WXia81
      You’re right, my information was out of date.
      Oct 23
  • Citadel / Eng
    BrutеForce

    Citadel Eng

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    EPAM Systems
    BrutеForcemore
    JFYI assaulting your landlord is illegal. Same true for any person. Please try solving problems without violence.
    Oct 21 4
    • Fannie Mae / IT mdarkroom
      Where did he mention assault or violence?
      Oct 21
    • Amazon w2S3ak
      "Fight" is Indian English for negotiation.
      Oct 21
    • Citadel / Eng
      BrutеForce

      Citadel Eng

      PRE
      EPAM Systems
      BrutеForcemore
      Does any joke need to be explained to you or just the sarcastic ones?
      Oct 21
    • Google xpto36
      OP
      Thanks for the explanation. I guess I'll return my boxing gloves! 20$ saved
      Oct 21
  • Amazon w2S3ak
    Give me your landlord. In Seattle if my rent was $2300 it would have gone up to $2500 at the minimum. Usually, try to live in the same place at least for 2 years as moving is a pain.
    Oct 21 3
    • Google xpto36
      OP
      Wanna sublet mine for $2500? ;)
      Oct 21
    • Amazon w2S3ak
      I have always been wanting to move to NYC but just waiting for the right opportunity which will pay me enough to maintain the same quality of housing in NYC as in Seattle. ~1700 studio in Seattle with laundry in unit and at least 450-500 sqft in a not too old building costs 3000 in NYC.
      Oct 21
    • WeWork uTheXop
      Studio in a brand new building with beautiful modern interior design and amenities is ~2500 in far wburg / bushwick, about 30 min subway commute door to door to a place in the city around union square / flatiron / Chelsea / etc
      Oct 21
  • Egencia dddd01
    Move out of nyc !!
    Oct 21 0
  • Cognizant shr
    You are almost in par with inflation and so accept it. You can ask them to reduce couple of bucks but I don’t do if Iam in your place
    Oct 21 0

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