9 NYCRR § 2502.5 — Lease agreements (Emergency Tenant Protection Regs., via Cornell LII)

Citation
9 NYCRR § 2502.5 — Lease agreements (Emergency Tenant Protection Regs., via Cornell LII)
Jurisdiction
New York (state)
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Original Source
https://www.law.cornell.edu/regulations/new-york/9-NYCRR-2502.5 ↗

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365 chars 
(e) Escalator
clauses. Regardless of whether an escalator clause was contained in the last
effective lease or other rental agreement prior to the local effective date of
the act, no renewal lease or vacancy lease becoming effective on or after the
local effective date shall provide for any escalator clause except as
authorized in paragraph (c)(2) of this section.