landlord selling building

[meentime]

I live in New York City. My landlord is selling the building in which I live. If the NEW owners agree to keep me on as a tenant, what is the legal rental increase percentage? Or do the new owners have the right to set the rental price as they please? Thank you.

 

[mary hartman]

If you are rent stabilized or have any lease then the terms go with the sale....

NO lease.....the sky's the limit!