[cocodee]

How do I calculate- how much I should ask landlord for- I have a rent stabalized apartment in nYC-

[twinkiedooter]

Has the landlord offered you any money so far for the buy out? Also how big is your apartment? How many years have you lived there? What does the landlord have in mind for the property - total demolition and rebuild a fancy high rise? Depending on just how long you've been there and the size of your apt and what the landlord wants to do with the property I'd definitely suggest you get an attorney to help you out on this.

To give you an idea - I lived in a 2 bedroom railroad apartment on Second Avenue and East 79th Street. I ended up being the last person in the building to literally leave. It was only a 6 apartment building and I lived on the top floor of this walk up. There was a storefront on the first floor. I ended up getting over $10,000 back in 1973 (and my attorney got around $5,000) plus another apartment on East 78th Street with rent of $125 a month (what I was paying for the rent controlled apt) for 2 years. The rent for the one BR was about $250 a month after the 2 years were up. I bought a car and fled to Florida to live for the next 25 years.

Don't try to do these negotiations yourself as you won't win - the landlord will win. Get yourself a mouthpiece. Well worth the extra money you'll pay for him. PS My attorney retired many years ago.

[ScottGem]

The landlord is asking you to leave? I would ask him to make you an offer. And then counter offer 2 years rental and settle for one.

[cocodee]

My landlord has not asked me to leave- I would like to move to another state and all my friends tell me I would be foolish to leave a 1 bedroom 900 square foor- pre war building, rent stabalized at $800.00 a month in Washington Heights- today's market value for that apt is about $1600-$1800. I emailed him and asked him if they were any incentives for me moving out- he told me to make him an offer so I am not sure what range to come in at.

[ScottGem]

That presents a different story. Does your lease allow sublets? When does youyr lease expire?

Your landlord is under little incentive to pay you to vacate. Especially since its you who wants to vacate. I would still start with a year's rental and see what he says.