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grfede1 t1_j4nbgzt wrote

Reply to comment by GooseNYC in Rent Increase of 17%+ - is this legal? Suggestions? by [deleted]

Does not know what they are talking about.

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GooseNYC t1_j4ndtj7 wrote

That's the law.

The 10% is sort of an "unwritten rule" but it's the yardstick any judge would use.

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hfhifi t1_j4og5a5 wrote

Rents on apartments in NJ went up over 25% average in 2021. So 10% is well below that. Maybe things got better in 2022.

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GooseNYC t1_j4ogn9r wrote

Established tenancies in NJ did not get a 25% increase. That's not correct.

Rents may have risen as people move in and out of market rate apartments. That may have gone up 25%. And many people don't know the law so they don't challenge it. It's an unusual law, to say the least.

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