A bunch of people in my building are now suing the landlord because he's been overcharging for rent. Our building was built in 1920, and we're all covered by rent stabilization. Check this out.
Which apartments are under Rent Stabilization?
In New York City, apartments are under rent stabilization if they are in buildings of six or more units built between February 1, 1947, and December 31, 1973. Tenants in buildings built before February 1, 1947, who moved in after June 30, 1971, are also covered by rent stabilization. A third category of rent stabilized apartments covers buildings with three or more apartments constructed or extensively renovated on or after January 1, 1974 with special tax benefits. Generally, those buildings are only subject to stabilization while the tax benefits continue or, in some cases, until the tenant vacates.
NYS Home and Community Renewal