1108. Annual General Adjustment Order for 1987
(1) In accordance with Section 11 of the Rent Stabilization and Eviction for
Good Cause Ordinance as amended by the Tenants Right Amendment Act of 1982, the
Rent Stabilization Board hereby adjusts the Rent Ceilings upward by 3.5% for all units
covered by the Ordinance, setting the Rent Ceilings for such units at 3.5% greater than
the 1986 Rent Ceilings.
The 1986 Rent Ceiling is defined as the Base Rent Ceiling established in Section 10 of
the Ordinance plus any adjustment of the base ceiling granted by the Board.
(2) Rent ceilings adjusted pursuant to this Order may be rounded to the
nearest dollar amount.
(3) The adjustments granted by this Order shall become effective on January
1, 1987, provided the landlord is otherwise entitled to the adjustment pursuant to the
provisions of the Ordinance and this Order.
(4) The upward general adjustment granted in this Order does not
automatically provide for a rent increase. Rent increases pursuant to this Order shall
become effective only after the landlord gives the tenant(s) at least thirty (30) days'
prior written notice of such rent increase and the notice period expires.
Each notice to a tenant of a rent increase pursuant to this Order shall be in the following
form:
"Thirty Day Notice of Rent Increase
This notice is provided pursuant to the 1987 AGA Order of the Rent Stabilization Board.
Tenant's Name:
Street Address: Unit No:
The present rent on your unit is $ per month. Your rent will increase %
pursuant to the 1987 Annual General Adjustment Order.*