Send Tenant 2016 DHCR Form if Rent Is $2,700 or More

Rent-regulated apartments with a legal or maximum monthly rent that reaches or exceeds $2,700 as of May 1, 2016, may be petitioned for High Income Rent Deregulation this year. The Rent Act of 2015 amended the rent threshold for high-rent vacancy deregulation and high-income high-rent deregulation by raising the threshold from $2,500 to $2,700. The threshold will be adjusted annually by the one-year renewal lease guideline percentage increase issued the prior year by the Rent Guidelines Board.

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