Wednesday, October 24, 2018
       Gutman, Mintz, Baker & Sonnenfeldt LLP


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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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