7. The term "inflation index" shall mean five percent plus the annual
percentage change in the consumer price index for all urban consumers
for all items as published by the United States bureau of labor
statistics for the region in which the housing accommodation is located,
as established for the most recent preceding calendar year as shall be
published by the division of housing and community renewal no later than
the first of August in any given year, provided further that for New
York city and any village, town, or city that adopts the provisions of
this article by local law pursuant to subdivision one of section two
hundred thirteen of this article in the counties of Dutchess, Nassau,
Orange, Putnam, Rockland, Suffolk, and Westchester, such consumer price
index shall be the New York-Newark-Jersey City, NY-NJ-PA consumer price
index, and provided further that for any other village, town, or city
that adopts the provisions of this article by local law pursuant to
subdivision one of section two hundred thirteen of this article, such
consumer price index shall be the Northeast Region consumer price index.