Rent Increases

The DHCR recently posted Operation Bulletin 2018-1 entitled, “The Effect of Defective Work on the Disposition of an Owner’s Application for a Major Capital Improvements (MCI) Rent Increase.” It provides guidance on the granting of MCI rent increases when there are defective...

The Division of Housing and Community Renewal (DHCR) recently updated its website with the necessary forms you have to fill out to start the process for increasing the rents of your rent-controlled apartments during the 2018-19 maximum base rent (MBR) cycle. Once you receive the orders of...

When you get a major capital improvement (MCI) performed at your building, you may have non-construction expenses such as general contractor or architect/engineer fees related to the underlying MCI project. For example, you may hire an engineer when you get your building’s parapet replaced...

On June 27, 2017, the New York City Rent Guidelines Board (RGB) issued an order—RGBO #49—setting the rent increases you may take for rent-stabilized tenants in New York City on leases beginning anytime on or after Oct. 1, 2017, through Sept. 30, 2018. This order represents the first...

In May 2016, the New York State Homes and Community Renewal (HCR) issued a processing directive allowing applications for a rent increase for installing accessibility ramps as a major capital improvement (MCI). An MCI is a permanent increase in rent for a rent-stabilized or rent-controlled...