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 verification
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Original Source
https://www.law.cornell.edu/regulations/new-york/9-NYCRR-2102.3 ↗

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298 chars 
(2) The Administrator may grant an
appropriate adjustment of the maximum rent in the amount requested provided
that the adjustment shall not result in a maximum rent higher than the rents
generally prevailing in the same area for substantially similar housing
accommodations.

(g) Net
annual return