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New York City Rent Guidelines Board Rent Guidelines Order No. 36 For leases commencing between October 1, 2004 through September 30, 2005
Renewal Guidelines – Owner Provides Heat One-year lease...............................3.5% Two-year lease...............................6.5% Renewal Guidelines – Tenant Pays For Heat One-year lease...............................3.0% Two-year lease...............................6.0%
No Supplemental Adjustment
Vacancy Allowance Only as permitted by State statutory vacancy allowances*: One-year lease...............................17% Two-year lease...............................20% Vacancy allowance for sublets..............................10% *See page 9 of July/August RSA Reporter for State statutory vacancy allowance calculations.
Special Guideline For Decontrolled Units Entering Stabilization 50% Above Maximum Base Rent; or, the appropriate Fair Market Rent for Section 8 housing as established by HUD for the New York City PMSA adjusted for gas and electric charges, whichever is greater. |
Rent Stabilization Association of NYC, Inc.
123 William Street New York, NY 10038-3804 Tel: (212) 214-9200 Fax: (212) 732-0618