When a hotel occupant who commenced occupancy after August 15, 1983, becomes a permanent tenant,
there is a restriction upon the amount of rent that may be charged. An owner may not charge such permanent
tenant more than the most recent lawful rental amount paid by the most recent prior permanent tenant plus any
lawful guidelines increase and/or vacancy allowance then in effect as set for hotel housing accommodations by
the New York City Rent Guidelines Board. Such rent is required to be registered with the DHCR. You may obtain
this information by writing to the DHCR, Gertz Plaza Office, listed in the Appendix, provided you submit proof
of residence in the hotel room/apartment. In addition to guidelines increases, the rent may be permanently
increased by the verified cost of new services, equipment or improvements, furniture or furnishings provided to
the individual housing accommodation; the cost of a completed major capital improvement; or for a hardship
where the rent is not sufficient to enable the owner to obtain a fair return on his or her investment after expenses.
Senior Citizen Rent Increase Exemption (“SCRIE”)