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Adopted Rules: Closed to Comments

Adopted Rules Content: 

Summary of Apartment & Loft Order No. 49

 

The Rent Guidelines Board (RGB) by Order No. 49 has set the following maximum rent increases for rent stabilized leases subject to renewal on or after October 1, 2017 and on or before September 30, 2018 for apartments under its jurisdiction: 

 

For a one-year renewal lease commencing on or after October 1, 2017 and on or before September 30, 2018:          1.25%

For a two-year renewal lease commencing on or after October 1, 2017 and on or before September 30, 2018:          2% 

 

Vacancy Allowance

No vacancy allowance is permitted except as provided by the Rent Regulation Reform Act of 1997 and the Rent Act of 2015.

 

Sublet Allowance

The increase landlords are allowed to charge when a rent stabilized apartment is sublet by the primary tenant to another tenant on or after October 1, 2017 and on or before September 30, 2018 shall be 10%.

 

Adjustments for Lofts

For Loft units to which these guidelines are applicable in accordance with Article 7-C of the Multiple Dwelling Law, the Board established the following maximum rent increases for increase periods commencing on or after October 1, 2017 and on or before September 30, 2018. No vacancy allowance is included for lofts.

 

1 Year            2 Years

1.25%                2%

 

Any increase for a renewal lease may be collected no more than once during the guideline period governed by Order No. 49.

 

Special Guideline

Leases for units subject to rent control on September 30, 2017 that subsequently become vacant and then enter the stabilization system are not subject to the above adjustments. Such newly stabilized rents are subject to review by the State Division of Housing and Community Renewal (DHCR). In order to aid DHCR in this review the Rent Guidelines Board has set a special guideline of 33% above the maximum base rent.

 

All rent adjustments lawfully implemented and maintained under previous apartment Orders and included in the base rent in effect on September 30, 2017 shall continue to be included in the base rent for the purpose of computing subsequent rents adjusted pursuant to this Order.

Effective Date: 
Sun, 10/01/2017

Adopted Rules: Closed to Comments

Adopted Rules Content: 

Summary of Apartment & Loft Order No. 48

 

The Rent Guidelines Board (RGB) by Order No. 48 has set the following maximum rent increases for rent stabilized leases subject to renewal on or after October 1, 2016 and on or before September 30, 2017 for apartments under its jurisdiction: 

 

For a one-year renewal lease commencing on or after October 1, 2016 and on or before September 30, 2017:          0%

For a two-year renewal lease commencing on or after October 1, 2016 and on or before September 30, 2017:          2% 

 

Vacancy Allowance

No vacancy allowance is permitted except as provided by the Rent Regulation Reform Act of 1997 and the Rent Act of 2015.

 

Sublet Allowance

The increase landlords are allowed to charge when a rent stabilized apartment is sublet by the primary tenant to another tenant on or after October 1, 2016 and on or before September 30, 2017 shall be 10%.

 

Adjustments for Lofts

For Loft units to which these guidelines are applicable in accordance with Article 7-C of the Multiple Dwelling Law, the Board established the following maximum rent increases for increase periods commencing on or after October 1, 2016 and on or before September 30, 2017. No vacancy allowance is included for lofts.

 

1 Year            2 Years

  0%                  2%

 

The guidelines do not apply to hotel, rooming house, and single room occupancy units that are covered by separate Hotel Orders. Any increase for a renewal lease may be collected no more than once during the guideline period governed by Order No. 48.

 

Special Guideline

Leases for units subject to rent control on September 30, 2016 that subsequently become vacant and then enter the stabilization system are not subject to the above adjustments. Such newly stabilized rents are subject to review by the State Division of Housing and Community Renewal (DHCR). In order to aid DHCR in this review the Rent Guidelines Board has set a special guideline of 33% above the maximum base rent.

 

All rent adjustments lawfully implemented and maintained under previous apartment Orders and included in the base rent in effect on September 30, 2016 shall continue to be included in the base rent for the purpose of computing subsequent rents adjusted pursuant to this Order.

Effective Date: 
Sat, 10/01/2016

Adopted Rules: Closed to Comments

Adopted Rules Content: 

Summary of Apartment & Loft Order No. 47 


The Rent Guidelines Board (RGB) by Order No. 47  has set the following maximum rent increases for rent stabilized leases subject to renewal on or after October 1, 2015 and on or before September 30, 2016 for apartments under its jurisdiction: 

 

For a one-year renewal lease commencing on or after October 1, 2015 and on or before September 30, 2016:          0%

For a two-year renewal lease commencing on or after October 1, 2015 and on or before September 30, 2016:          2% 


Vacancy Allowance

The vacancy allowance is now determined by a formula set forth in the State Rent Regulation Reform Act of 1997 and the Rent Act of 2015, not by the Orders of the Rent Guidelines Board.

 

Sublet Allowance

The increase landlords are allowed to charge when a rent stabilized apartment is sublet by the primary tenant to another tenant on or after October 1, 2015 and on or before September 30, 2016 shall be 10%.

 

Adjustments for Lofts

For Loft units to which these guidelines are applicable in accordance with Article 7-C of the Multiple Dwelling Law, the Board established the following maximum rent increases for increase periods commencing on or after October 1, 2015 and on or before September 30, 2016. No vacancy allowance is included for lofts.

 

1 Year            2 Years

  0%                  2%


The guidelines do not apply to hotel, rooming house, and single room occupancy units that are covered by separate Hotel Orders.Any increase for a renewal lease may be collected no more than once during the guideline period governed by Order No. 47.

 

Special Guideline

Leases for units subject to rent control on September 30, 2015 that subsequently become vacant and then enter the stabilization system are not subject to the above adjustments. Such newly stabilized rents are subject to review by the State Division of Housing and Community Renewal (DHCR). In order to aid DHCR in this review the Rent Guidelines Board has set a special guideline of whichever is greater:

  1. 33% above the maximum base rent, or 
  2. The Fair Market Rent for existing housing as established by the United States Department of Housing and Urban Development (HUD) for the New York City Primary Metropolitan Statistical Area pursuant to Section 8(c) (1) of the United States Housing Act of 1937 (42 U.S.C. section 1437f [c] [1]) and 24 C.F.R. Part 888, with such Fair Market Rents to be adjusted based upon whether the tenant pays his or her own gas and/or electric charges as part of his or her rent as such gas and/or electric charges are accounted for by the New York City Housing Authority. 

Such HUD-determined Fair Market Rents will be published in the Federal Register, to take effect on October 1, 2015.


All rent adjustments lawfully implemented and maintained under previous apartment Orders and included in the base rent in effect on September 30, 2015 shall continue to be included in the base rent for the purpose of computing subsequent rents adjusted pursuant to this Order.

Effective Date: 
Fri, 07/24/2015

Adopted Rules: Closed to Comments

Adopted Rules Content: 

Summary of Apartment & Loft Order No. 46 

The Rent Guidelines Board (RGB) by Order No. 46 has set the following maximum rent increases for rent stabilized leases subject to renewal on or after October 1, 2014 and on or before September 30, 2015 for apartments under its jurisdiction: 

For a one-year renewal lease commencing on or after October 1, 2014 and on or before September 30, 2015:          1.0%

For a two-year renewal lease commencing on or after October 1, 2014 and on or before September 30, 2015:          2.75% 

Vacancy Allowance

The vacancy allowance is now determined by a formula set forth in the State Rent Regulation Reform Act of 1997 and in Chapter 97 of the Laws of 2011, not by the Orders of the Rent Guidelines Board.

Sublet Allowance

The increase landlords are allowed to charge when a rent stabilized apartment is sublet by the primary tenant to another tenant on or after October 1, 2014 and on or before September 30, 2015 shall be 10%.

Adjustments for Lofts

For Loft units to which these guidelines are applicable in accordance with Article 7-C of the Multiple Dwelling Law, the Board established the following maximum rent increases for increase periods commencing on or after October 1, 2014 and on or before September 30, 2015. No vacancy allowance is included for lofts.

1 Year            2 Years

1.0%               2.75%

The guidelines do not apply to hotel, rooming house, and single room occupancy units that are covered by separate Hotel Orders.Any increase for a renewal lease may be collected no more than once during the guideline period governed by Order No. 46.

Special Guideline

Leases for units subject to rent control on September 30, 2014 that subsequently become vacant and then enter the stabilization system are not subject to the above adjustments. Such newly stabilized rents are subject to review by the State Division of Housing and Community Renewal (DHCR). In order to aid DHCR in this review the Rent Guidelines Board has set a special guideline of whichever is greater:

  1. 30% above the maximum base rent, or

  2. The Fair Market Rent for existing housing as established by the United States Department of Housing and Urban Development (HUD) for the New York City Primary Metropolitan Statistical Area pursuant to Section 8(c) (1) of the United States Housing Act of 1937 (42 U.S.C. section 1437f [c] [1]) and 24 C.F.R. Part 888, with such Fair Market Rents to be adjusted based upon whether the tenant pays his or her own gas and/or electric charges as part of his or her rent as such gas and/or electric charges are accounted for by the New York City Housing Authority.

Such HUD-determined Fair Market Rents will be published in the Federal Register, to take effect on October 1, 2014.

All rent adjustments lawfully implemented and maintained under previous apartment Orders and included in the base rent in effect on September 30, 2014 shall continue to be included in the base rent for the purpose of computing subsequent rents adjusted pursuant to this Order.

Effective Date: 
Wed, 10/01/2014