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)
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Original Source
https://www.law.cornell.edu/regulations/new-york/9-NYCRR-2522.4 ↗

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(i) Direct Metering: Where the
conversion is to direct metering of electricity, with the tenant purchasing
electricity directly from a utility, such Schedule of Rent Reductions is based
on the median monthly costs of electricity to tenants derived from data from
the United States Census Bureau's " New York City Housing and Vacancy Survey,"
as tabulated by the New York City Rent Guidelines Board, 1 Centre Street, Suite
2210, New York, New York, and available on its website at
rentguidelinesboard.cityofnewyork.us . The charge for electricity is not part
of the work collection of such charge is not within the jurisdiction of the
DHCR. A conversion to direct metering is required to include rewiring the
building unless the owner can establish that rewiring is unnecessary.