9 NYCRR § 2522.4 — Adjustment of legal regulated rent (Rent Stabilization Code, via Cornell LII)

Citation
9 NYCRR § 2522.4 — Adjustment of legal regulated rent (Rent Stabilization Code, via Cornell LII)
Jurisdiction
New York (state)
Source verification
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Original Source
https://www.law.cornell.edu/regulations/new-york/9-NYCRR-2522.4 ↗

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(iii) With approval by the DHCR, there has
been an increase in services or improvement, other than repairs, on a
building-wide basis, which the owner can demonstrate are necessary in order to
comply with a specific requirement of law.

(iv) With approval by the DHCR, there have
been other improvements made or services provided to the building or building
complex, other than those specified in subparagraphs (i)-(iii) of this
paragraph, with the express consent of the tenants in occupancy of at least
seventy-five (75) percent of the rent regulated housing
accommodations.

(2)
Major Capital Improvement Schedules

(i) The
reasonable costs that may be recovered for qualified major capital improvements
may not exceed the recoverable costs, as determined by DHCR. In making such
determination, DHCR shall, unless for good cause shown or otherwise specified,
refer to such reasonable costs as specified in the Reasonable Cost Schedule
found in the Reasonable Cost Schedule that is in effect at the time that the
contract for work for the major capital improvement was executed.

(ii) The Reasonable Cost Schedule shall
provide the recoverable cost of major capital improvements that fall within the
following main three categories:

1. Major
Systems;

i. The maximum recoverable costs
shall be presented for the following classes of work:

(a) Plumbing;

(b) Gas Re-pipe;

(c) Wiring;

(d) Windows;

(e)
Boiler/Burner;

(f) Hot Water
Heater;

(g) Elevator Replacement;
and

(h) Elevator
Modernization.

2. Facade, Parapet, Roof;

i. The maximum recoverable costs shall be
presented for the following classes of work:

(a) Facade;

(b) Parapet; and

(c) Roof.

3. Other Systems.

i. The maximum recoverable costs shall be
presented for the following classes of work:

(a) Chimney;

(b) Doors;