hoboken rent increase laws


2023-09-21


Oops! The costs of picking up and moving can be high. How much can they raise your rent by in Hoboken in a rent controlled building? He moved to another Hoboken complex, he said, where he's happy. Your landlord would need to provide you written notice at least90 days before June1,2023. Our platform allows you to take the whole procedure of executing legal forms online. To the surprise of neighbors, the city responded that his unit may not be exempt from rent control because he hadn't signed a lease saying it is, according documents linked in a March 2022 Reddit thread. They want to have a lease. With everything going on, the team here at The Hoboken Girl wanted to provide the most recent updates on policy changes as well as resources for renters here in the Mile Square. One Hoboken Girl encourages residents to use local resources or the contact an attorney or other . Thats because according to New Jersey law, municipalities create their own rent control policies. The Hoboken City Council plans to address increases for rent-controlled units at its meeting on Wednesday night. Up for a vote is a measure to further limit the amount that landlords can raise rents on those units, a matter meant to bring the laws in line with other towns in Hudson County. They are also considering reducing the vacancy decontrol rate to 10 percent, and extending it to five years. In an article in Hoboken Patch last week about tenants being hit with 20 percent or higher increases from the Rivington and being told that their alternative was to pay $5,000 month-to-month rents the Rivington responded: "The Rivington has been, since its construction in 1999, operated as exempt from the city of Hoboken's rent control ordinance. "In response to your inquiry, The Rivington has been, since its construction in 1999, operated as exempt from the city of Hoboken's rent control ordinance," wrote Marty McKenna, first vice president of investor and public relations at Equity Residential, in a statement. Tenants in a Thorncliffe complex say their landlord is asking for too much of a rent increase. However, that doesnt necessarily mean youre free to increase rent however much youd like.

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