u/missmajestea

Destabilization 421-a

My building is going through destabilization and I have been paying the 421-a surcharge for the past few years (terrible). It officially moves to free market half way through 2027 but I can’t fully understand the rules in relation to the new freeze.

The rent stabilization in the building is set to expire on 6/30/27. The surcharges will continue to be billed for the remainder of the stabilized lease term. Any lease that expires after 6/30/27 will receive a market rate renewal reflecting a market rate increase.

Will I be offered a 0% increase and just need to pay the surcharge for 2027 or does this mean since I have a lease that begins end of Feb each year, my until will only be rent stabilized until then and I’ll have to pay market rate?

reddit.com
u/missmajestea — 4 days ago

Neighborhood Help for mid-30s

Nyer here who is actively looking at condos and townhouses in Palm Beach county. I’ve narrowed it down (which I realize is not by much) to spots west of 95 in Delray, Boca, Boynton, West Palm. Also looking at Abacoa in Jupiter. I’m mid-30s, single and female. Not big into boating or outdoorsy activities but love the beach, dining out and fitness.

Since I won’t know anyone in the area, I want a city that has enough going on where I can build a community. And yes I know nothing compares to NYC in terms of walkability and activities at all times. Help rank these for me? Also any that are just “sleepy” or mostly families would be helpful to know too.

reddit.com
u/missmajestea — 7 days ago