DHCR Issues Modified Renewal Lease Form

The DHCR has modified the NYC Renewal Lease Form (RTP-8) to incorporate the requirements of Rent Guidelines Board Order #52. With the latest order, the city’s Rent Guidelines Board froze rents for rent-stabilized tenants with one-year leases. For two-year renewal leases, a 1 percent increase is allowed during the second year. (See “RGB Issues Rent Freeze Amid Pandemic.”)

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