9 NYCRR § 2102.3 — Grounds for increase of maximum rent (State Rent & Eviction Regs., via Cornell LII)

Citation
9 NYCRR § 2102.3 — Grounds for increase of maximum rent (State Rent & Eviction Regs., via Cornell LII)
Jurisdiction
New York (state)
Source
Official source
Original Source
https://www.law.cornell.edu/regulations/new-york/9-NYCRR-2102.3 ↗

Related Parts of This Source

Full Text

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(5) That portion of the
amount of increase computed under subdivisions (g), (h) and (i) of this section
as is properly attributable to the controlled housing accommodations shall be
apportioned among them so that each bears an equitable portion thereof. In
making such apportionment and in fixing the increases in maximum rents the
Administrator shall give due consideration to all previous adjustments or
increases in maximum rents by lease or otherwise. Each controlled housing
accommodation shall bear no more than that portion of the amount of increase as
is properly attributable to such housing accommodation, whether or not the
amount so attributed shall be fully collectible by reason of existing
lease.

(b) Individual
Apartment Improvements ("IAI").

(1) Increase
in space, new equipment, new furniture or furnishings; and other
adjustments.

(2) An owner is
entitled to a temporary rent increase where there has been a reasonable and
verifiable modification, other than an increase for which an adjustment may be
claimed pursuant to subdivision (d) of this section, of dwelling space,
installation of new equipment or improvements, or new furniture or furnishings,
provided in or to the tenant's housing accommodation, where the tenant has
agreed to such modification or increase and the owner has obtained written
informed tenant consent to such rent increase. In the case of vacant housing
accommodations, tenant consent shall not be required.

(i) For all work that commenced on or after
June 14, 2019, notification of all modifications must be submitted to DHCR for
verification. As a part of such verification, an owner shall:

(a) Provide a copy of the written informed
tenant consent on an approved DHCR form when tenant consent is
required.