NYS DHCR Fact Sheet #26

1/156th of the 12 ½ years. The building must be free and clear
total cost of the improvements and the maximum of any outstanding hazardous and immediately
rent increase is $320.51. hazardous violations. The MCI rent increase is
temporary and it must be removed from the rent
The DHCR Lease Rider included with a vacancy in 30 years and the legal rent must be adjusted
lease must notify the tenant of the right to request at that time for guideline adjustments that were
from the owner by certified mail Individual previously compounded on a rent that included
Apartment Improvements (IAIs) supporting the MCI rent increase. Vacancy lease tenants are
documentation at the time the lease is offered or to be notified in their lease about pending MCI
within 60 days of the execution of the lease. The applications.
owner shall provide such documentation within
30 days of that request in person or by certified
mail. A tenant who is not provided with that
documentation upon demand may file form RA-90
“Tenant’s Complaint of Owner’s Failure to Renew
Lease and/or Failure to Furnish a copy of a Signed
Lease” to receive a DHCR Order that directs the
furnishing of the IAI supporting documentation.