New York City tenants pay $500/month in rent after outing their landlord's illegal scheme, end up with a $30,000 payout and a rent-controlled apartment: 'We are staying here forever'

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  • Couple walking in New York City in the park
  • I'm paying close to nothing in rent I live in a VHCOL area by New York City with my wife. We found out our landlord has been overcharging us
  • in a rent controlled building. Our rent is now legally $500 dollars and that is what we will pay moving forward. We are staying here forever.
  • Oh and they owe us around 30k in overcharges. That is all.
  • Couple holding hands in NYC with the skyline in the background.
  • snowplowmom At that rate, the LL is essentially paying you to live there. I have a feeling that he is going to figure out a way to get you out, legally.
  • OP porkbellychubs Will be very hard. If they do that, it would take years, money and legal $. I have a lot of protections under rent control
  • Highly Favored This is a win! Are you restricted from sub letting?
  • OP porkbellychubs yes
  • StockQuestion0808 Do you get to skip rent for 5 years or will you be receiving the 30k as a lump sum while paying rent?
  • OP porkbellychubs The latter
  • Crazylococool26 That's awesome - how big is your apartment? I'm just curious, I have lived in a 5 different states but never East Coast. I imagine a loft but have no clue
  • OP porkbellychubs 1BR, walk in closet, no amenities like laundry or dish washer. I'll take it tho!
  • Green-Krush That is fucking amazing how did you find this out?
  • OP porkbellychubs Luck
  • IceCreamMan5544 Congratulations! You are a welfare recipient. I'm sure the intention of rent control is to give you a below market rate (which you don't need if you were paying a higher rent) and not to someone who actually needs a subsidy.
  • OP porkbellychubs I love when a humble brag on a Brag subreddit gets people salty lol how much u payin?
  • Odd_Tumbleweed5830 Don't you feel guilty at all? The landlord still has to pay property tax, insurance, HOA fee. The $500/mo probably does not cover those
  • OP porkbellychubs Not in the least bit
  • throwawaydumbo1 How are you gonna get your 30k back?
  • OP porkbellychubs Court
  • List3nLinda CONGRATS dude thats awesome! Save and buy experiences that last forever
  • macross 1984 Wow, only $500 monthly in NYC apartment. And you are owed $30k overcharge which means you live rent free for the next five years. Congratulation to your very good fortune.

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