Easthampton tenants receive temporary rent discount after hikes

A New York real estate company is trying to improve relations with tenants at an Easthampton apartment complex after a controversial rent hike. Tenants reported receiving lease agreements in November that raised rents by about 35%. Joseph Scherban, a principal at Rowin Capital, said the company regrets how the increase was communicated. They blame their local property management company for the confusion. The Pleasant View apartment complex was purchased by the Scherban brothers in October 2023. Shortly after, tenants found notices on their doors asking them to sign new leases with higher rents by December 4. If they didn't sign, they faced even higher charges and potential eviction. To address the situation, the company is offering existing tenants a $100 monthly discount for the duration of their current lease or for one year from November. New tenants will pay the full rent of $1,550 per month. Some tenants are dissatisfied with this approach. Nancy Dorian believes it is unfair and suggests a group meeting instead of individual ones to discuss concerns. She argues that the proposed rent increase is too steep for what she calls non-luxury apartments. Another tenant, Tom Berube, also prefers a group meeting. He expressed hope that the Scherban brothers will show commitment to being responsible landlords. Berube mentioned concerns about maintenance and safety issues in the building. Both Dorian and Berube want fair treatment and affordable rent, reflecting the challenges faced by many residents. They hope to find a reasonable solution in future discussions with the owners.