NEW TENANCIES
No “vacancy allowance” is permitted under this order. Therefore, the rents charged for tenancies commencing on or after October 1, 2018 and on or before September 30, 2019 may not exceed the levels over rentals charged on September 30, 2018 permitted under the applicable rent adjustment provided above.
ADDITIONAL CHARGES
It is expressly understood that the rents collectible under the terms of this Order are intended to compensate in full for all services provided without extra charge on the statutory date for the particular hotel dwelling unit or at the commencement of the tenancy if subsequent thereto. No additional charges may be made to a tenant for such services, however such charges may be called or identified.
STATEMENT OF BASIS AND PURPOSE
The Rent Guidelines Board is authorized to promulgate rent guidelines governing hotel units subject to the Rent Stabilization Law of 1969, as amended, and the Emergency Tenant Protection Act of 1974, as amended. The purpose of these guidelines is to implement the public policy set forth in Findings and Declaration of Emergency of the Rent Stabilization Law of 1969 (§26-501 of the N.Y.C. Administrative Code) and in the Legislative Finding contained in the Emergency Tenant Protection Act of 1974 (L.1974 c. 576, §4 [§2]).
Dated: June 26, 2018
Hon. Kathleen A. Roberts (Ret.), Chair
New York City Rent Guidelines Boardnarrow my-4
.my-5
#primary-content
row