9 NYCRR § 2202.4 — Increased services or facilities, substantial rehabilitation, major capital or other improvements (NYC Rent & Eviction Regs., via Cornell LII)

Citation: 9 NYCRR § 2202.4 — Increased services or facilities, substantial rehabilitation, major capital or other improvements (NYC Rent & Eviction Regs., via Cornell LII)
Jurisdiction: New York (state)
Source verification: official_capture_completeness_unverified
Original Source: https://www.law.cornell.edu/regulations/new-york/9-NYCRR-2202.4 ↗

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(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. Fa'ade, Parapet,
Roof;

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

(a) Fa'ade;

(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;

(c) Security System; and

(d) Intercom; and may include such other
systems as DHCR may determine.

(iii) Each class of major capital improvement
may list more detailed types of capital improvement work. Each class of major
capital improvement described in the Schedule may be inclusive of additional
costs that can be associated with the type of improvements listed within such
class.

(iv) The costs of each type
of major capital improvement work will be listed as per unit, per unit of
measurement or per piece of equipment, as is appropriate given the nature of
the improvement.