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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(3) Right of
tenant to cancel lease where rent increase based upon hardship is granted. If
an order is issued increasing the legal regulated rent because of owner
hardship, the tenant may within 30 days of his or her receipt of a copy of the
DHCR order, cancel his or her lease on 60 days' written notice to the owner.
Until such tenant vacates, he or she continues in occupancy at the approved
increase in rent.

(e) An
owner may file an application to decrease required services for a reduction of
the legal regulated rent on forms prescribed by the DHCR on the grounds that:

(1) the owner and tenant, by mutual voluntary
written agreement, consent to a decrease in dwelling space, or a decrease in
the services, furniture, furnishings or equipment provided in the housing
accommodation; or

(2) such decrease
is required for the operation of the building in accordance with the specific
requirements of law; or

(3) such
decrease results from an approved conversion from master metering of
electricity, with the cost of electricity included in the rent, to individual
metering of electricity, with the tenant paying separately for electricity, and
is in amounts set forth in a Schedule of Rent Reductions for different-sized
rent stabilized housing accommodations included in Operational Bulletin 2014-1
and any successor thereto governing electrical conversions issued pursuant to
this paragraph and Section
of this Title by DHCR,
92-31 Union Hall Street, Jamaica, Queens, New York, and available at DHCR's
website at 2527.11www.hcr.ny.gov and determined as
follows: