Cornwall, NY asked in Landlord - Tenant for New York

Q: Can my landlord ask for an additional security deposit when renewing my lease? If so, by how much?

I have lived here for over 8 years, initial security deposit was $999, my rent is going up from $1775 - $1940.

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1 Lawyer Answer
Gregory Byrnes
Gregory Byrnes
Answered
  • New York, NY
  • Licensed in New York

A: Without knowing more about the lease or the tenancy, it is impossible to know. However, your landlord is not allowed to hold more than 1 month's security deposit in New York as of June 2019 pursuant to the HSTPA. Here is the primary security deposit law in New York: https://www.nysenate.gov/legislation/laws/GOB/7-108

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