Tuesday, June 28, 2022
      
Gutman, Mintz, Baker & Sonnenfeldt LLP
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NOTIFICATION:
Welcome to the website of Gutman, Mintz, Baker & Sonnenfeldt LLP,
The website provides
our clients with up to date information regarding
their buildings and tenants.
DRIE TENANT UPDATE
NYC Rent Guidelines
#50:
Rent increases for APT/Loft leases commencing on or after Oct 1 18 - Sept 30 19
For a 1-year renewal lease:
1.5%
For a 2-year renewal lease:
2.5%
Statutory Vacancy Lease Increases
Sublet Allowance 10%
Hotel and SRO’s: 0% Increase
  
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