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9 NYCRR § 2521.1 — Initial legal regulated rents for housing accommodations (Rent Stabilization Code, via Cornell LII)

Citation
9 NYCRR § 2521.1 — Initial legal regulated rents for housing accommodations (Rent Stabilization Code, via Cornell LII)
Jurisdiction
New York (state)
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(2) Upon
determination of the initial legal regulated rent in paragraph (1) of this
subdivision, legal regulated rents subsequent to April 1, 1984 shall be
determined in accordance wit h the definition of base date and the definition
of legal regulated rent as set forth in section
and
2520.6(e) of this
Title.2520.6(f)

(c) The initial
legal regulated rent for a housing accommodation first made subject to the RSL
and this Code pursuant to article 7-C of the MDL shall be the rent established
by the Loft Board under section 286(4) of the MDL applicable to a lease offered
pursuant to MDL section 286(3). Such rent shall not be subject to the
proceedings described in section
of this Title.2522.3