On February 20, 2020, a permanent/rent On February 1, 2020, Ms. Chan moves into
stabilized tenant paying $200 a week an SRO Unit, requests a lease, acquires
vacates a hotel unit. permanent/rent stabilized status, and her
rent is legally set at $300 a week.
On March 1, 2020, Mr. Ortiz moves in and
does not request a lease. He is a transient On February 1, 2021, the anniversary date,
tenant and is charged a rent of $250 a Ms. Chan’s rent of $300 can be raised by
week. the guideline in effect (Hotel Order #50 - 0%
increase), which is a $0 increase and legal
On September 1, 2020, Mr. Ortiz becomes rent remains $300.
a permanent/rent stabilized tenant as he
has been in occupancy for 6 months. His On August 10, 2021, Ms. Chan, pursuant to
rent needs to be adjusted. The previous filing a written application, receives a DHCR
legal rent of $200 can be increased by the Order finding a decrease in services. It has
guideline in effect (Hotel Order #49 - 0% a June 1, 2021 effective date.
increase), which is a $0 increase and the
legal rent remains $200. On September 1, 2021, the $300 rent paid
by Ms. Chan cannot be reduced by the most
On September 1, 2021, the anniversary date, recent guideline adjustment rent increase,
Mr. Ortiz is still in occupancy, and the legal since it was 0%. However, the $300 rent
rent may be increased by the guideline cannot be raised and is “frozen” until DHCR
in effect (Hotel Order #50 - 0% increase), issues a rent restoration order finding
which is $0 and the legal rent remains services were restored.
$200.
This fact sheet is only a summary of relevant
Annual apartment registration filings for this sections of the Rent Stabilization Code. For
apartment are as follows: comprehensive and detailed information on this
topic, please refer