Introduction to the rent in a calendar year for a vacancy lease.
Renewal lease guideline adjustments are subject
This fact sheet will be updated annually to to the limitation of one guideline adjustment in the
reflect the new lease guideline rates. It can be same guideline year. A guideline year commences
reviewed along with a rent registration history on October 1 and ends the following September
of an apartment to assist in determining if the 30. Lawful temporary increases for Major Capital
apartment’s registration status and the rent being Improvements (MCI) and Individual Apartment
charged are lawful. The apartment rent registration Improvements (IAI) may also be added to the rent.
history and a rent overcharge complaint form can
be requested online at https://rent.hcr.ny.gov or at A DHCR Rent Stabilization Lease Rider/Addenda
a Borough Rent Office. In general, complaints of is to be attached to the lease and it should contain
rent overcharge look back six years. information on how the rent was calculated and on
any related Individual Apartment Improvements.
Effective December 15, 2022, Private Housing
Finance Law (PHFL) Section 610 allows owners When a tenant signs a renewal lease, they can
of affordable housing properties to collect choose between a one or two-year option and
actual rents that are higher than legal rents, if the allowable guideline adjustment is set by the
the following two conditions are met: a state or local rent guidelines board. (See the Recent Lease
municipal agency or other statutorily designated Guideline Rates chart.)
party must issue specific approval in a regulatory
agreement, either new or amended, and a Effective June 14, 2019 owners who are collecting
government program provides rental assistance to a preferential rent, upon renewal