Category Archives: Rental Price

Rental increases for residents?

Our first issue here on viridiangripes is a matter that’s come to our attention – many users are receiving large rental increases in their most recent lease renewal (we’ve confirmed from 8% to 12%). We all understand that since the apartments are not rent stabilized, 110 Green Street LLC can do what they wish. However since many promised amenities have still not been delivered, is this fair?

UPDATE: we should also point out that the rental increases mentioned here are ABOVE what empty apartments are being advertised for. Why should current residents be charged more than new residents just for the convenience of remaining in their homes?

Let us know if you agree by adding your gripes to the discussion in the comments here.

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