Lenox Terrace Landlord Illegally Raising Stabilized Rents, Tenants Say

July 24, 2024 | admin

(DNAINFO)  Gustavo Solis | December 8, 2015 — Despite a citywide rent freeze on stabilized apartments, the landlord at Lenox Terrace is slapping tenants with rent hikes on lease renewals, residents claim.

The Olnick Organization has been increasing tenants’ rent prices under the guise of giving them preferential rent, which is not protected under the Rent Guidelines Board’s freeze, a lawyer representing multiple tenants said.

The problem is that many of the tenants who are getting the increase never signed preferential leases in the first place, according to lawyer David Hershey-Webb.

Source: Lenox Terrace Landlord Illegally Raising Stabilized Rents, Tenants Say – Central Harlem – DNAinfo.com New York

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