* (a) Whenever a landlord intends to offer to renew the tenancy of an
occupant in a residential dwelling unit with a rent increase equal to or
greater than five percent above the current rent, or the landlord does
not intend to renew the tenancy, the landlord shall provide written
notice as required in subdivision two of this section. If the landlord
fails to provide timely notice, the occupant's lawful tenancy shall
continue under the existing terms of the tenancy from the date on which
the landlord gave actual written notice until the notice period has
expired, notwithstanding any provision of a lease or other tenancy
agreement to the contrary. * NB Effective June 15, 2034