The City Council's proposal, which would apply to at least 65 city-supervised buildings totaling 25,000 units, would essentially buy tenants more time.
Contrary to their broker's assumption, the fact that the house had two essentially unremovable tenants paying a total of about $1,300 a month was, for Mr. Balme and Ms. Rubio, what made the transaction work.
A New York State Law Is Explicit on Roommates In contrast to Connecticut and New Jersey, New York State has a law dealing with roommates, essentially giving tenants the right to share apartments with people who are not members of their family or are not named on the lease -- with some restrictions.
Essentially, the tenant pays to keep the landlord silent, and at bay.
Free and servile tenants essentially paid rent, in money or kind, to their landlords.
While Mr. Barry acknowledged that Applied had essentially organized the tenants' committee, members insisted they were independent.
By increasing the rent to the legal maximum after that period has expired, the landlord is essentially giving the tenant three options: buy at market price; pay the higher rent; or leave the apartment.
The triple N lease essentially requires a tenant to pay a base lease rate, plus pay for their services, utilities, taxes, insurance and management in accordance with their proportion of the property's size/facilities.
"Essentially, a lot of tenants who thought they were being protected by the law weren't being protected," Mr. Rosen said.
It is incorrect, however, that rent regulations "allow even the most noxious tenant to essentially stay forever".
