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Re: 22% Increase, VVP section
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Home away from home
 
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In regard to price, I wasn't making a general statement about realestate in Jersey CIty to Manhattan. I was talking about MY position. With a 22% increase to my rent in Jersey City, it is now > or = to living in manhattan. I don't want to get into details, but if i gave you the dollar amount, you'd understand what im talking about.
Posted on: 2007/11/29 19:51
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Re: 22% Increase, VVP section
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Home away from home
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But after a 22% increase, it's now more expensive to live in jersey city, than most parts of manhattan. I call BS on this, what is the rent and how many bed rooms?
Posted on: 2007/11/29 19:47
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Re: 22% Increase, VVP section
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Home away from home
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If your statement re Manhattan were even close to true, you and many others would vote with their feet. I doubt Downtown is more expensive than even Harlem, and that comparison leaves out the rest of JC. So, why don't you feed your situation through the JCList victim/whiner detector by actually telling us your new rent, bedrooms, and sq footage.
Posted on: 2007/11/29 19:46
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Re: 22% Increase, VVP section
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Newbie
 
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Your plight is sad and all, but that's no reason to get all looney and make completely unsubstantiated overstatements.
Posted on: 2007/11/29 19:24
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Re: 22% Increase, VVP section
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Home away from home
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I believe in New Jersey, a rent increase of about 10% is generally considered "unconscionable," though this is not by statute but by judicial rulings.
http://www.lsnjlaw.org/english/placei ... nantsrights/chapterseven/ "In Fromet Properties Inc. v. Dolores Buel, et al., the court found that in determining unconscionability, the trial judge may consider: 1) the amount of the proposed rent increase; 2) the landlord?s expenses and profitability; 3) how the existing and proposed rent compare to rents charged at similar rental properties in the geographic area; 4) the relative bargaining position of the parties; and 5) based on the judge?s general knowledge, whether the rent increase would shock the conscience of a reasonable person." Soure: http://www.state.nj.us/dca/codes/lt/pdf/rnt_incrse_bultin.pdf
Posted on: 2007/11/29 18:49
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Re: 22% Increase, VVP section
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Home away from home
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Thanks, I will check that out, but I don't think there are enough units in my building to fit into those laws, but i will check.
On another note: It live in JC because it's supposed to be cheaper than Manhattan, where i work. But after a 22% increase, it's now more expensive to live in jersey city, than most parts of manhattan.
Posted on: 2007/11/29 18:40
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Re: 22% Increase, VVP section
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Just can't stay away
 
Joined:
2005/8/10 0:53 Last Login : 2018/10/4 14:20 From Hamilton Park
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Registered Users
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Your best bet is trying the JC Office of Landlord Tenant Relations at 30 Montgomery, (201) 547-5127. They'll be able to tell you if your apartment is subject to rent control laws.
Posted on: 2007/11/29 18:34
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Myth: Pancakes are for breakfast.
Fact: There are no rules when it comes to pancakes. |
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22% Increase, VVP section
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Home away from home
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Since Sept my entire building has been dealing with
significant issues with our heating & plumbing & and a follow-up building wide court case (Still pending). Thats the simple version. We've learned that some of the tentant's leases are up in January, Landlord has actually allowed us to renew. (Much to our surprise) We've been at this location for 4 years now, with little event and the standard yearly rent increases from 3%-6%. Here comes the trick part, the increase in rent this year is 22%. Is this legal?
Posted on: 2007/11/29 18:30
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