Lease renewal offer letter (NY landlord)

Offer your tenant a renewal in writing. Note that New York requires advance notice for rent increases of 5% or more (or non-renewal): 30, 60, or 90 days depending on how long the tenant has lived there.

The template

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[Landlord / company name]
[Date]

[Tenant name]
[Rental address, unit]

Re: Lease renewal offer

Dear [Tenant name],

Your current lease for [unit] ends on [expiration date]. We would be glad to have you stay and are offering a renewal on the following terms:

  New term:        [12 months], from [start] to [end]
  Monthly rent:    $[new rent]  (current: $[current rent])
  Other changes:   [none / describe]

Please let us know by [response date] if you would like to renew. If you accept, we will send a renewal lease to sign. If we don't hear from you, your current lease will end on [expiration date].

We've appreciated having you as a tenant and hope you'll stay.

Sincerely,
[Landlord name]
[Contact]

Replace the [bracketed] parts with your details.

Rent increases of 5%+ and non-renewals require 30/60/90-day notice based on tenancy length. Template, not legal advice.

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