Landlord of NYC Checks out Violators of Lease Agreements

Released on = June 5, 2007, 10:06 am

Press Release Author = Lala C. Ballatan

Industry = Law

Press Release Summary = A landlord of an apartment complex, considered as one among
the very last bastions for middle-class dwellers in Manhattan, is being accused
residents of using Orwellian maneuvers for them to be driven off the apartment. The
main purpose of this landlord's campaign is being able to raise amount for the
rental for the apartment. On the other hand, according to the property owner, the
procedure was done only to purge out abusive leaseholders. The landlord indicated of
driving out stabilization and rent rules.

Press Release Body = A landlord of an apartment complex, considered as one among the
very last bastions for middle-class dwellers in Manhattan, is being accused
residents of using Orwellian maneuvers for them to be driven off the apartment. The
main purpose of this landlord's campaign is being able to raise amount for the
rental for the apartment. On the other hand, according to the property owner, the
procedure was done only to purge out abusive leaseholders. The landlord indicated of
driving out stabilization and rent rules.

Los Angeles, California, June 4, 2007 - One of United States' biggest apartment
complexes is presently a staging area for intensifying conflicts between tenants and
landlord. These apartments are a couple of developments made by the Village of Peter
Cooper and the Town of Stuyvesant.

The tenants who are lucky enough to be holding lease on one of the apartment
complexes' 8,000 units that are rent-stabilized pay only some portion of its market
rate. This kind of payment allows them to save and have a lifestyle that cannot be
reached by most middle-class dwellers of New York. They are mostly in vacation
bungalows and have their kids enrolled in some parochial school.

In order that the landlords find the chance to raise the rent by a fraction legally,
more than just a minimal amount every year, they pressure the tenant to leave the
apartment or give proof that the said tenant also has some dwelling in another
place.

According to the tenants, the firm Tishman Speyer Properties is behind these tactics
and campaigns of driving them away. The said globally recognized firm for real
estate bought the apartment complex amounting to $5.4 billion.

Tenants numbering hundreds are receiving notices for non-renewal of their leases
during the past few months with charges that they are residing somewhere else or
during about 183 days every year. They also presented evidence that are reports by
private investigators and the tenants are reacting to such actions.

Some tenants are asked to present their credit card bills, voting records and tax
returns in order to manifest their residency.

Experts indeed declare that in New York, it is common to abuse rules on rent
stabilization so the Tishman Speyer could not be entirely blamed for their actions.
Having tenants move out is actually an incentive for a landlord. Vacancies mean a
20% increase of rent to the next tenants.

However, the tenants in the apartment complexes are staunch in their position not to
move out.

Mesriani Law Group, Los Angeles Lawyers - Our attorneys work on helping clients
receive restitution for financial resources expended by them in an effort to make
their lives normal again, in the aftermath of tragic accidents and events. We help
in restoring our clients´ peace of mind by attaining large settlements and verdicts
for them in a court of law. For more information please log on to
www.mesrianilaw.com



Web Site = http://www.mesrianilaw.com

Contact Details = contactus@mesriani.com

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •