Rent stabilization laws are pretty strict. In NY, it doesn't allow for a month to month situation or anything less than 1 year. You have the privilege of a rent stabilized apt, and with that comes some ground rules. Even if your landlord was a real nice guy and wanted to do it in principal, he can't under the statutes. Let the landlord know of your intent up front and try to negotiate a lease break penalty fee if you renew for a year, many landlords will allow that. Typically it is one month worth of rent that you'll have to eat. But in the scheme of things, when buying your own place and presumably dropping 100k +/-, that shouldnâ€™t be a hard blow. You might also be proactive and prepared by speaking with a real estate agent you are comfortable with who YOU will allow to show your apt to prospective future tenants (while you are still in there) who can sign a lease at a 6 month mark, and preferably will take it as is, without repainting (which will save the landlord downtime of an empty apt and the cost of repainting it, because otherwise, the landlord wonâ€™t be able to show it until you vacate). So maybe your LL will agree to waive the penalty fee in that scenario. Rent stabilized apts are hard to come by, so if itâ€™s a good place, you should have no problem getting a taker. BUTâ€¦ itâ€™s still up to your landlord, so get it all in writing before you start giving tours. Helpful hint: Speak nicely to the landlord or his rep. Cussing him out and besmirching him on a public forum because you didnâ€™t get him to violate the cityâ€™s rent-stabilized statutes to your liking might not yield positive results. My suggestions above are just that: suggestions. They should *not* be taken as legal advice.