Despite a crackdown on how landlords can charge for regulated apartments, delays in state regulations allow building owners to “Frankenstein” apartments together to dramatically raise rents. Read more:
Charni Sochet, a spokesperson for DHCR, said the agency is still working on writing new rules to address the loophole. She did not say what was causing the delay.
In one of the buildings in Loftman’s complex on Columbus Avenue, she said her landlord recently combined apartments 7O and 7P, one of which she said was a rent-stabilized unit, to create a three-bedroom, three-bathroom apartment. The apartment, with private terraces and a wet bar, was listed for $13,150 on StreetEasy. The average price for previous rentals in the building is $3,756, according to the real estate website.
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