I thought New York had rent control.
You are entitled to rent control if you have lived continuously in your apartment since 1965, or are the lawful successor to such a tenant.
A VERY small percentage of NYC apartments are truly “rent controlled.” There are rules all landlords have to follow about how much they can raise their rents, but there are ways around it. Rents are sky high in NYC right now. And people are paying them.
And I thought everybody is leaving NYC, so why are rents going up?
She makes 200k take home, she can afford to buy if she wanted to.
I understand not liking your rent raised, but with take home of 16,666 a month. You can afford a 1MM mortgage if you wanted to buy. 1.5MM possibly depending on taxes.