Rule status: Adopted
Effective date: October 1, 2020
Proposed Rule Full Text
Adopted Rule Full Text
Hotel Order Number 50 provides for an allowable increase of 0% over the lawful rent actually charged and paid on September 30, 2020 for rent stabilized rooming houses, lodging houses, Class B hotels, single room occupancy buildings, and Class A residential hotels. The Order does not limit rental levels for commercial space, non-rent stabilized residential units, or transient units in hotel stabilized buildings during the guideline period. The Order also provides that for any dwelling unit in a hotel stabilized building which is voluntarily vacated by the tenant thereof, the level of rent increase governing a new tenancy shall be the same as the guideline for rent increases set forth above.
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