Goings-on in the
building
There are
lots of ways to keep fit and make friends in the building!
· Tuesdays at 6 PM in the Community Room, join ShapeUp NYC with our own Jodi Brockington,
an experienced fitness trainer. It’s sponsored by the NYC Parks
Department.
trainer Sol Magzamen, who lives down the street.
· Thursdays at 2 PM in the Community Room, join the Games Group for Trivia, bingo, and other
activities.
· Gardening
around the building. Contact Barbara
Geller, barbarageller39@gmail.com.
Join our
email list by emailing sue.susman@gmail.com.
Your email won’t show to anyone else. You can ask questions and stay in the
know!
News for rent-stabilized tenants
The Rent Guidelines Board ordered increases of
· 2.75% for a 1-year lease renewal and
· 5.25% for a 2-year lease renewal
for any lease renewals going into
effect from October 1, 2024 through September 30, 2025. This puts Stellar ahead of the game, since
landlords have been getting an increasing return on their investment since
1990.
News for market-rate (unregulated) tenants
Under the Good Cause Eviction law passed in June, Stellar must offer you a renewal lease unless you violated the old lease and
· as long as your apartment is not part
of your employment, and
· if your current rent Is below $6,005
for 1 BR, $6,742 for a 2 BR, $8,413 for a 3 BR, or $9,065 for a 4 BR apartment.
The rent
increase can’t exceed the lower of
the Consumer Price Index + 5% (this year it comes to 8.82%) or 10%.
This bill is
a watered-down version of what tenants have been working for, so the law could improve
with more tenant action in the coming year or two.
We had a
great Pot Luck in May, and our next meeting will be Sept. 18, 2024.
JOIN US!
