New York City Rent Guidelines
Board
Rent Guidelines Order No. 33
For leases commencing between October 1, 2001 through September 30,
2002
Renewal Guidelines
One-year lease...............................4%
Two-year lease...............................6%
No Supplemental Adjustment
Vacancy Allowance
Only as permitted by State statutory vacancy allowances:
One-year lease..........................18%
Two-year lease.........................20%
Vacancy allowance for sublets..............................10%
No Minimum Rent
Special Guideline For Decontrolled Units Entering Stabilization
Maximum Base Rent + 150% + fuel adjustment; 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.