A rent-stabilized tenant in Manhattan has lived in the same apartment for 15 years. The tenant's adult daughter wants to move in permanently. Under New York's succession rights laws, what requirements must be met for the daughter to have succession rights to the rent-stabilized apartment?
Correct Answer
A) The daughter must live in the apartment as her primary residence for at least two years before the tenant vacates or dies
Under New York's rent stabilization succession rights, family members (including adult children) must reside in the apartment as their primary residence for at least two years immediately before the tenant of record vacates or dies to qualify for succession rights.
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Previous Question
A building owner in Queens wants to convert rental apartments to condominiums. The building contains 20 rent-stabilized units. What notice period must the owner provide to rent-stabilized tenants before proceeding with the conversion?
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A landlord in the Bronx owns a building constructed in 1965 with 8 rental units. The landlord claims the building is not subject to rent stabilization because it was substantially rehabilitated in 1995. What percentage of rehabilitation costs relative to the building's assessed value would be required to exempt the building from rent stabilization?