New York City Rent Guidelines Board
Rent Guidelines Order No. 34

For leases commencing between October 1, 2002 through September 30, 2003 

Renewal Guidelines
One-year lease...............................2%
Two-year lease...............................4% 

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% 
*See page 9 of July/August 2002 RSA Reporter for 
State statutory vacancy allowance calculations.

Special Guideline For Decontrolled Units Entering Stabilization
Maximum Base Rent + 50%; 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.

County Rent Guidelines

Following are 2002-2003 rent guidelines for

Nassau, Rockland and Westchester Counties.

(Effective for Renewal Leases Commencing 10/1/02 - 9/30/03)


NASSAU
One-year renewal lease: 1.5 %
Two-year renewal lease: 2.5 %
Vacancy allowance: State vacancy guidelines apply.

ROCKLAND
One-year renewal lease: 2.5 %
Two-year renewal lease: 3.0 %
Vacancy Allowance: State vacancy guidelines apply.

WESTCHESTER
One-year renewal lease: 1.5 %
Two-year renewal lease: 2.5 %
Tenants who supply their own heat and hot water: One-year-1.2% Two-year-2.0%
Vacancy Allowance: State vacancy guidelines apply.

Rent Stabilization Association of NYC, Inc.
123 William Street New York, NY 10038-3804 Tel: (212) 214-9200 Fax: (212) 732-0618