9 NYCRR § 2502.4 — Adjustment of legal regulated rent (Emergency Tenant Protection Regs., via Cornell LII)

Citation
9 NYCRR § 2502.4 — Adjustment of legal regulated rent (Emergency Tenant Protection Regs., 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-2502.4 ↗

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(b) it is essential for
the preservation, energy efficiency, functionality or infrastructure of the
entire building, including heating, windows, plumbing and roofing, but shall
not be for operational costs or unnecessary cosmetic improvements;

(c) it is an improvement to the building or
to the building complex which inures directly or indirectly to the benefit of
all tenants, and which includes the same work performed in all similar
components of the building or building complex, unless the owner can
satisfactorily demonstrate to the DHCR that certain of such similar components
did not require improvement; and

(d) the item being replaced meets the
requirements set forth on the following useful life schedule, except with DHCR
approval of a waiver, as set forth in clause (e) of this subparagraph.

Useful Life Schedule for Major Capital Improvements
Replacement Item or Equipment Years -Estimated Life

1) Boilers and Burners

(a) Cast Iron
Boiler.............................................. 35

(b) Package
Boiler............................................... 25

(c) Steel
Boiler................................................. 25

(d)
Burners...................................................... 20

2) Windows

(a)
Aluminum..................................................... 20

(b)
Wood......................................................... 25

(c)
Steel........................................................25

(d)
Storm........................................................ 20

(e)
Vinyl........................................................ 15

3) Roofs

(a) 2-Ply (asphalt)
.............................................10

(b) 3-4 Ply (asphalt)
............................................15

(c) 5-Ply (asphalt)
.............................................20