The RENT STABILIZATION CODE (RSC) is issued by the New York State
Division of Housing and Community Renewal (DHCR) and is a
codification of the laws and procedures of the RENT STABILIZATION
LAW (RSL).  Since 1969, Rent Stabilization has gradually replaced
Rent Control as the rent regulatory scheme applicable to
regulated apartments in New York City.

Also see: DHCR Policy Statements, DHCR Operational Bulletins, 
DHCR Advisory Opinions, and various Rent Control Statutes.

Electronic versions of the documents on TenantNet
are for informational purposes only and there is no guarantee
they will be accepted by any court (or even DHCR) as true copies.
The reader is advised to obtain true copies of these documents.

Every attempt has been made to conform to the original document;
TenantNet makes no representation the enclosed material is 
current or will be applied as written. The reader is advised 
that DHCR often fails to properly apply, interpret or enforce 
housing laws.  Since housing laws are complex and often contradictory, 
it is recommended the reader obtain competent legal advice from a 
tenant attorney or counseling from a tenant association or 
community group.
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NEW YORK STATE
RENT STABILIZATION CODE

[19 NYCRR Parts 2520-2530.1]*

*  Statutory authority: N.Y.C. Admin. Code, 26-511(b),
   26-518(a).

-----------------------------

TABLE OF CONTENTS

Part      2520.     Scope
          2521.     Legal Registered and Regulated Rents
          2522.     Rent Adjustments
          2523.     Notices and Records
          2524.     Evictions
          2525.     Prohibitions
          2526.     Enforcement
          2527.     Proceedings Before the DHCR
          2528.     Registration of Housing Accommodations
          2529.     Administrative Review
          2530.     Judicial Review

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PART 2520 -- SCOPE

-----------------------------

TABLE OF CONTENTS

Section   2520.1.   Statutory authority.

          2520.2.   Amendment of codes.

          2520.3.   Construction and implementation.

          2520.4.   Delegation of authority.

          2520.5.   Designations.

          2520.6.   Definitions.

          2520.7.   Effective date.

          2520.8.   Amendment or revocation.

          2520.9.   Filing of amendments.

          2520.10   Separability.

          2520.11   Applicability.

          2520.12   Effect of this Code on leases and
                    other rental agreements.

          2520.13   Waiver of benefit void.

-----------------------------


Sec. 2520.1. STATUTORY AUTHORITY.

This Subchapter is promulgated and adopted pursuant to the powers
granted to the Division of Housing and Community Renewal by
chapter 888 of the Laws of New York for the year 1985.


Sec. 2520.2. AMENDMENT OF CODES.

Sections I through 66, inclusive, of the code of the Rent
Stabilization Association of New York City, Inc., and sections I
through 64, inclusive, of the code of the Metropolitan Hotel
Industry Stabilization Association, Inc., as last amended, are
hereby further amended by deleting such sections in their
entirety and sections 2520.1 through 2530.1 of this Subchapter,
inclusive, are hereby adopted, and this Code shall hereafter be
known as the Rent Stabilization Code. Chapter VIII of this
Subtitle is hereby redesignated to be known as Rent Stabilization
Regulations and divided into Subchapter A--Emergency Tenant
Protection Regulations, consisting of existing Parts 2500-2510;
and Subchapter B--Rent Stabilization Code, consisting of new
Parts 2520-2530.


Sec. 2520.3. CONSTRUCTION AND IMPLEMENTATION.

This Code shall be construed so as to carry out the intent of the
Rent Stabilization Law to ensure that such statute shall not be
subverted or rendered ineffective, directly or indirectly, and to
prevent the exaction of unjust, unreasonable and oppressive rents
and rental agreements, and to forestall profiteering, speculation
and other disruptive practices tending to produce threats to the
public health, safety and general welfare; and that the policy
herein expressed shall be implemented with due regard for the
preservation of regulated rental housing.


Sec. 2520.4. DELEGATION OF AUTHORITY.

The Commissioner of Housing and Community Renewal may delegate to
a deputy commissioner, an assistant commissioner, a rent
administrator or any other person or persons, the authority to
carry out any of the duties and powers granted to him by the New
York City Rent Stabilization Law or this Code, and the Emergency
Tenant Protection Act of Nineteen Seventy-four as amended.


Sec. 2520.5. DESIGNATIONS.

When used in this Code, unless a different meaning clearly
appears from the context, the following terms shall mean and
include:

(a)  RSL. Title 26 of the Administrative Code of the City of New
     York, sections 26-501 through 26-520, as recodified by
     chapter 907 of the Laws of New York for the year 1985,
     constituting the New York City Rent Stabilization Law.

(b)  ETPA. The Emergency Tenant Protection Act of Nineteen
     Seventy-four.

(c)  State Rent Law. The New York State Emergency Housing Rent
     Control Law, commonly referred to as the State Rent Control
     Law.

(d)  City Rent Law. Title 26 of the Administrative Code of the
     City of New York, sections 26-401 through 26-415, as
     recodified by chapter 907 of the Laws of New York for the
     year 1985, constituting the New York City Rent and
     Rehabilitation Law, commonly referred to as the City Rent
     Control Law.

(e)  PHFL. The Private Housing Finance Law.

(f)  MDL. The Multiple Dwelling Law.

(g)  City Rent and Eviction Regulations. Regulations adopted and
     promulgated by the State Division of Housing and Community
     Renewal pursuant to the City Rent Law, Parts 2200-2210 of
     Title 9 NYCRR, officially known as the Official Compilation
     of Codes, Rules and Regulations of the State of New York.

(h)  DHCR. State Division of Housing and Community Renewal in the
     Executive Department.

(i)  Commissioner. Commissioner of the DHCR.

(j)  City Rent Agency. DHCR as defined in the City Rent Law.

(k)  HPD. New York City Department of Housing Preservation and
     Development.

(l)  Loft Board. The board created in the City of New York
     pursuant to article 7-C of the MDL, to resolve complaints of
     owners of interim multiple dwellings and of residential
     occupants of such buildings qualified for the protection of
     MDL article 7-C, and to act upon hardship applications made
     pursuant to such article.

(m)  Rent Guidelines Board. The board created in the City of New
     York pursuant to the RSL to establish guidelines annually
     for rent adjustments for leases or other rental agreements.

(n)  Office of Rent Administration. The office of the DHCR
     designated by the commissioner to administer the ETPA, the
     RSL and the City and State Rent Laws.

(o)  District Rent Office. The local rent administration office
     of the DHCR for a particular rent area in the City of New
     York.

(p)  Rent Administrator. The person designated by the
     commissioner to issue orders based on complaints or
     applications made to the DHCR.


Sec. 2520.6. DEFINITIONS.

(a)  Housing accommodation. That part of any building or
     structure, occupied or intended to be occupied by one or
     more individuals as a residence, home, dwelling unit or
     apartment, and all services, privileges, furnishings,
     furniture and facilities supplied in connection with the
     occupation thereof. The term housing accommodation Will also
     apply to any plot or parcel of land which had been regulated
     pursuant to the City Rent Law prior to July 1, 1971 and
     which became subject to the RSL after June 30, 1974.

(b)  Hotel. Any Class A- or Class B multiple dwelling which
     provides all of the services included in the rent as set
     forth in section 2521.3 of this Title.

(c)  Rent. Consideration, charge, fee or other thing of value,
     including any bonus, benefit or gratuity demanded or
     received for, or in connection with, the use or occupation
     of housing accommodations or the transfer of a lease for
     such housing accommodations.

(d)  Tenant. Any person or persons named on a lease as lessee or
     lessees, or who is or are a party or parties to a rental
     agreement and obligated to pay rent for the use or occupancy
     of a housing accommodation.

(e)  Initial legal registered rent. The lawful rent for the use
     and occupancy of housing accommodations under the RSL or the
     ETPA, as first registered with the DHCR in accordance with
     the RSL, ETPA and this Code, which has not been challenged
     pursuant to Part 2526 of this Title, or if challenged, has
     been determined by the DHCR.

(f)  Legal regulated rent. The initial legal registered rent as
     adjusted in accordance with this Code or the rent shown in
     the annual registration statement filed four years prior to
     the most recent registration statement (or if more recently
     filed, the initial registration statement), plus in each
     case, any subsequent lawful increases and adjustments.

(g)  Vacancy lease. The first lease or rental agreement for a
     housing accommodation that is entered into between an owner
     and a tenant.

(h)  Renewal lease. Any extension of a tenant's lawful occupancy
     of a housing accommodation pursuant to section 2523.5 of
     this Title.

(i)  Owner. A fee owner, lessor, sublessor assignee, net lessee,
     or a proprietary lessee of a housing accommodation in a
     structure or premises owned by a cooperative corporation or
     association, or an owner of a condominium unit or the
     sponsor of such cooperative corporation or association or
     condominium development, or any other person or entity
     receiving or entitled to receive rent for the use or
     occupation of any housing accommodation, or an agent of any
     of the foregoing, but such agent shall only commence a
     proceeding pursuant to section 2524.5 of this Title, in the
     name of such foregoing principals.

(j)  Permanent tenant. For housing accommodations located in
     hotels, an individual or such individual's family members
     residing with such individual, who have continuously resided
     in the same building as a principal residence for a period
     of at least six months. In addition, a hotel occupant who
     requests a lease of six months or more pursuant to section
     2522.5(a)(2) of this Title, or who is in occupancy pursuant
     to a lease of six months or more shall be a permanent tenant
     even if actual occupancy is less than six months. Unless
     otherwise specified, reference in this Code to "tenant"
     shall include permanent tenant with respect to hotels.

(k)  Subtenant or sublessee. Any person lawfully occupying the
     housing accommodation pursuant to an agreement with the
     tenant by authority of the lease or by virtue of rights
     afforded pursuant to section 226-b of the Real Property Law.
     Such person shall be entitled to all of the benefits of and
     be subject to all of the obligations of this Code except the
     right to renew, and the right to purchase upon conversion to
     cooperative or condominium ownership.

(l)  Occupant. Any person occupying a housing accommodation as
     defined in and pursuant to section 235-f of the Real
     Property Law. Such person shall not be considered a tenant
     for the purposes of this Code.

(m)  Hotel occupant. Any person residing in a housing
     accommodation in a hotel who is not a permanent tenant. Such
     person shall not be considered a tenant for the purposes of
     this Code, but shall be entitled to become a permanent
     tenant as defined in subdivision (j) of this section, upon
     compliance with the procedure set forth in such subdivision.

(n)  Immediate family. A husband, wife, son, daughter, stepson,
     stepdaughter, father, mother, stepfather, stepmother,
     brother, sister, grandfather, grandmother, grandson or
     granddaughter of the owner.

(o)  Family member.

     (1)  A husband, wife, son, daughter, stepson, stepdaughter,
          father, mother, stepfather, stepmother, brother,
          sister, nephew, niece, uncle, aunt, grandfather,
          grandmother, grandson, granddaughter, father-in-law,
          mother-in-law, son-in-law or daughter-in-law of the
          tenant or permanent tenant; or

     (2)  Any other person residing with the tenant or permanent
          tenant in the housing accommodation as a primary or
          principal residence, respectively, who can prove
          emotional and financial commitment, and interdependence
          between such person and the tenant or permanent tenant.
          Although no single factor shall be solely
          determinative, evidence which is to be considered in
          determining whether such emotional and financial
          commitment and interdependence existed, may include
          without limitation, such factors as listed below. In no
          event would evidence of a sexual relationship between
          such persons be required or considered.

          (i)    longevity of the relationship;
          
          (ii)   sharing of or relying upon each other for
                 payment of household or family expenses, and/or
                 other common necessities of life;
          
          (iii)  intermingling of finances as evidenced by,
                 among other things, joint ownership of bank
                 accounts, personal and real property, credit
                 cards, loan obligations, sharing a household
                 budget for purposes of receiving government
                 benefits, etc.;
          
          (iv)   engaging in family-type activities by jointly
                 attending family functions, holidays and
                 celebrations, social and recreational
                 activities, etc.;
          
          (v)    formalizing of legal obligations, intentions,
                 and responsibilities to each other by such
                 means as executing wills naming each other as
                 executor and/or beneficiary, granting each
                 other a power of attorney and/or conferring
                 upon each other authority to make health care
                 decisions each for the other, entering into a
                 personal relationship contract, making a
                 domestic partnership declaration, or serving as
                 a representative payee for purposes of public
                 benefits, etc.;
          
          (vi)   holding themselves out as family members to
                 other family members, friends, members of the
                 community or religious institutions, or society
                 in general, through their words or actions;
          
          (vii)  regularly performing family functions, such as
                 caring for each other or each other's extended
                 family members, and/or relying upon each other
                 for daily family services;
          
          (viii) engaging in any other pattern of behavior,
                 agreement, or other action which evidences the
                 intention of creating a long-term, emotionally
                 committed relationship.

(p)  Senior citizen. A person who is 62 years of age or older.

(q)  Disabled person. Except as provided pursuant to paragraph
     (4) of subdivision (b) of section 2523.5 of this Title
     (Renewal of Lease), a person who has an impairment which
     results from anatomical, physiological or psychological
     conditions, other than addiction to alcohol, gambling, or
     any controlled sub-stance, which are demonstrable by
     medically acceptable clinical and laboratory diagnostic
     techniques, and which are expected to be permanent and which
     prevent such person from engaging in any substantial gainful
     employment.

(r)  Required services.

     (1)  That space and those services which the owner was
          maintaining or was required to maintain on the
          applicable base dates set forth below, and any
          additional space or services provided or required to be
          provided thereafter by applicable law. These may
          include, but are not limited to, the following:
          repairs, decorating and maintenance, the furnishing of
          light, heat, hot and cold water, elevator services,
          janitorial services and removal of refuse.
     
     (2)  For housing accommodations located in hotels in
          addition to the definition set forth in paragraph (1)
          of this subdivision, required services shall also
          include the services set forth in section 2521.3 of
          this Title, and any other services provided, or
          required to be provided by applicable law on the
          applicable base dates set forth below, including but
          not limited to telephone switchboard, bellhop,
          secretarial, and front desk services.
     
     (3)  Ancillary services. That space and those required
          services not contained within the individual housing
          accommodation which the owner was providing on the
          applicable base dates set forth below, and any
          additional space and services provided or required to
          be provided thereafter by applicable law. These may
          include, but are not limited to, garage facilities,
          laundry facilities, recreational facilities, and
          security. Such ancillary services are subject to the
          following provisions:

          (i)    No owner shall require a tenant or prospective
                 tenant to lease, rent or pay for an ancillary
                 service, other than security, as a condition of
                 renting a housing accommodation.
          
          (ii)   Where an ancillary service is provided to a
                 tenant pursuant to a lease or rental agreement
                 separate and apart from the lease or rental
                 agreement for the housing accommodation
                 occupied by the tenant, the tenant shall not be
                 required to renew such lease, or rental
                 agreement, for the ancillary service upon the
                 expiration of such lease or rental agreement.
          
          (iii)  Where an ancillary service is provided to a
                 tenant pursuant to a lease or rental agreement
                 for a housing accommodation, whether at a
                 charge separate and apart from the rental of
                 the housing accommodation, or included in the
                 legal regulated rent, the tenant may be
                 required to renew the rental term for the
                 ancillary service upon the renewal of the lease
                 for the housing accommodation. However, where
                 the owner requires a tenant to continue such
                 ancillary service, the owner may not
                 unreasonably withhold consent to the tenant to
                 sublet for the term of each renewal lease, the
                 space or other facility constituting the
                 ancillary service.
          
          (iv)   For housing accommodations located in hotels,
                 where telephone switchboard service is not
                 provided or required to be provided pursuant to
                 paragraph (2) of this subdivision, an owner
                 shall not deny a permanent tenant permission to
                 install a private telephone, provided that such
                 installation shall not cause undue economic
                 hardship to the owner, nor shall an owner cause
                 the removal of a pay telephone from the
                 premises.

     (4)  The base dates for required services shall be:

          (i)    for housing accommodations subject to the RSL
                 on June 30, 1974, for building-wide and
                 individual dwelling unit services: May 31,
                 1968;
          
          (ii)   for housing accommodations subject to the RSL
                 pursuant to section 421-a of the Real Property
                 Tax Law, for building wide and individual
                 dwelling unit services: the date of issuance of
                 the initial Certificate of Occupancy;
          
          (iii)  for housing accommodations subject to the RSL
                 on June 30, 1971, and exempted thereafter as a
                 result of a vacancy prior to June 30, 1974, for
                 building- wide services: May 31, 1968; for
                 individual dwelling unit services: May 29,
                 1974;
          
          (iv)   for dwelling units which became subject to the
                 RSL on July 1, 1974, pursuant to section 423 of
                 the Real Property Tax Law, for building-wide
                 and individual unit services: May 29, 1974,
                 except that for housing accommodations in the
                 Riverton Apartments at East 138th Street,
                 Manhattan, which became subject to the RSL on
                 July 1, 1974, pursuant to an initial legal
                 regulated rent date of June 30, 1973, for
                 building-wide and individual dwelling unit
                 services: June 30, 1973;

          (v)    for housing accommodations which are subject to
                 this Code solely as a condition of receiving or
                 continuing to receive benefits pursuant to
                 section 11-243 (formerly J51-2.5) or 11-244
                 (formerly J51-5.0) of the Administrative Code
                 of the City of New York, as amended, for
                 building-wide and individual unit services:
                 January 1, 1976, or the date of the issuance of
                 a Certificate of Reasonable Cost, whichever is
                 later;
          
          (vi)   for housing accommodations for which rents are
                 established by governmental agencies pursuant
                 to the PHFL, or which are first made subject to
                 this Code pursuant to the PHFL, the building-
                 wide and individual unit services which were
                 required for approval in connection with the
                 establishment of initial rents pursuant to the
                 PHFL: the effective date of the initial rents;
          
          (vii)  for housing accommodations whose rentals were
                 previously regulated under the PHFL or any
                 other State or Federal law, other than the RSL
                 or the City Rent Law: the date such regulation
                 ends;
          
          (viii) for housing accommodations contained in Class B
                 multiple dwelling units, including single room
                 occupancy facilities, rooming houses or rooming
                 units made subject to the ETPA on June 4, 1981,
                 for building-wide and individual dwelling unit
                 services: June 4, 1981;
          
          (ix)   for housing accommodations which are first made
                 subject to this Code pursuant to article 7-C of
                 the MDL, for building-wide and individual
                 dwelling unit services: the effective date of
                 the initial rents established by the Loft
                 Board;

          (x)    for all other housing accommodations not
                 subject to the RSL on June 30, 1974, which
                 become subject to the RSL on or after July 1,
                 1974 pursuant to the ETPA, for building-wide
                 and individual dwelling unit services: May 29,
                 1974.

          A service as defined in paragraph (3) of this
          subdivision for which there is or was a separate
          charge, shall not be subject to the provisions of this
          Code where no common ownership between the operator of
          such service and the owner exists or existed on the
          applicable base date, or at any time subsequent
          thereto, and such service is or was provided on the
          applicable base date and at all times thereafter by an
          independent contractor pursuant to a contract or
          agreement with the owner. Where, however, on the
          applicable base date or at any time subsequent thereto,
          there is or was a separate charge, and there is or was
          common ownership, directly or indirectly, between the
          operator of such service and the owner, or the service
          was provided by the owner, any increase, other than the
          charge provided in the initial agreement with a tenant
          to lease, rent or pay for such service, shall conform
          to the applicable rent guidelines rate. However,
          notwithstanding such common ownership, where such
          service was not provided primarily for the use of
          tenants in the building or building complex on the
          applicable base date or at any time subsequent thereto,
          such increases shall not be subject to any guidelines
          limitations.

     (5)  Each housing accommodation must be painted at least
          once every three years in compliance with title 27 of
          the Administrative Code of the City of New York (the
          Housing Maintenance Code). In no event shall a tenant
          be required to pay a painting deposit or to contribute
          to the cost of the painting except to the extent the
          owner agrees to provide services in connection with the
          painting which are not required, and the tenant
          consents in writing to pay therefor. Any painting
          deposit previously required shall be returned to the
          tenant on renewal of his or her lease.

(s)  Documents. Records, books, accounts, correspondence,
     memoranda and other documents, and copies, including
     microphotographic copies, of any of the foregoing.

(t)  Final order. A final order shall be an order of a rent
     administrator not appealed to the commissioner within the
     period authorized pursuant to section 2529.2 of this Title,
     or an order of the commissioner.


Sec. 2520.7. EFFECTIVE DATE.

In accordance with the provisions of the State Administrative
Procedure Act, this Code shall be effective May 1 , 1987, and all
amendments to this Code shall become effective in accordance with
the State Administrative Procedure Act. Where implementation of a
provision would require new or significantly revised filing
procedures or notice requirements, the DHCR may postpone
implementation of such provision, as required, for up to 180 days
after the effective date of this Code, by an advisory opinion
issued pursuant to section 2527.11 of this Title, which shall be
available to the public on such effective date. Where such
postponement is deemed necessary, current filing procedures,
notice requirements, or forms, if any, may be utilized until
revision thereof.


Sec. 2520.8. AMENDMENT OR REVOCATION.

Any provision of this Code may be amended or revoked at any time
in accordance with the procedure set forth in chapter 888 of the
Laws of New York for the year 1985, or as otherwise provided by
the State Administrative Procedure Act.


Sec. 2520.9. FILING OF AMENDMENTS.

Such amendment or revocation shall be filed with the Secretary of
State and shall take effect upon the date of filing unless
otherwise specified therein or as otherwise provided by the State
Administrative Procedure Act.


Sec. 2520.10. SEPARABILITY.

If any provision of this Code or the application of such
provision to any person or circumstance shall be held invalid,
the validity of the remainder of this Code and the applicability
of such provision to other persons or circumstances shall not be
affected thereby.


Sec. 2520.11. APPLICABILITY.

This Code shall apply to all or any class or classes of housing
accommodations made subject to regulation pursuant to the RSL or
any other provision of law, except the following housing
accommodations for so long as they maintain the status indicated
below:

(a)  housing accommodations subject to the City Rent Law;

(b)  housing accommodations owned, operated or leased by the
     United States, the State of New York, any political
     subdivision, agency or instrumentality thereof, any
     municipality or any public housing authority;

(c)  housing accommodations for which rentals are fixed by the
     DHCR or HPD, unless, after the establishment of initial
     rents, the housing accommodations are made subject to the
     RSL pursuant to applicable law, or housing accommodations
     subject to the supervision of the DHCR or HPD under other
     provisions of law or the New York State Urban Development
     Corporation, or buildings aided by government insurance
     under any provision of the National Housing Act to the
     extent the RSL or any regulation or order issued thereunder
     is inconsistent with such act. However, housing
     accommodations in buildings completed or substantially
     rehabilitated prior to January 1, 1974, and whose rentals
     were previously regulated under the PHFL or any other State
     or Federal law, other than the RSL or the City Rent Law,
     shall become subject to the ETPA, the RSL and this Code,
     upon the termination of such regulation. An owner of such
     housing accommodations shall not be eligible for a rent
     adjustment pursuant to section 2522.4(b) or (c) of this
     Title, for a period of three years, where such owner would
     not qualify for such rent adjustment in the absence of a
     voluntary dissolution, termination, or reconstitution
     pursuant to the PHFL or other State or Federal laws;

(d)  buildings containing fewer than six housing accommodations
     on the date the building first became subject to the RSL,
     unless such buildings are otherwise subject to this Code
     pursuant to the RSL or other statutes and regulations; for
     the purposes of this subdivision, a building shall be deemed
     to contain six or more housing accommodations if it was part
     of a multiple family garden-type maisonette dwelling complex
     containing six or more housing accommodations having common
     facilities such as a sewer line, water main or heating plant
     and was operated as a unit under common ownership on the
     date the building or complex first became subject to the
     RSL, notwithstanding that Certificates of Occupancy were
     issued for portions thereof as one- or two-family dwellings;

(e)  housing accommodations in buildings completed or buildings
     substantially rehabilitated as family units on or after
     January 1, 1974, except such buildings which are made
     subject to this Code by provision of the RSL or any other
     statute;

(f)  housing accommodations owned, operated, or leased or rented
     pursuant to governmental funding, by a hospital, convent,
     monastery, asylum, public institution, or college or school
     dormitory or any institution operated exclusively for
     charitable or educational purposes on a nonprofit basis, and
     occupied by a tenant whose initial occupancy is contingent
     upon an affiliation with such institution; however, a
     housing accommodation occupied by a nonaffiliated tenant
     shall be subject to the RSL and this Code;

(g)  rooms or other housing accommodations in hotels where such
     housing accommodations (1) are used for transient occupancy;
     (2) were rented on May 31, 1968 for more than $350 per month
     or $88 per week; or (3) are contained in a hotel which was
     constructed after July 1, 1969;

(h)  any motor court, or any part thereof, any trailer, or
     trailer space used exclusively for transient occupancy or
     any part thereof; or any tourist home serving transient
     guests exclusively, or any part thereof. The term "tourist
     home" shall mean a rooming house which caters primarily to
     transient guests and is known in the community as a tourist
     home;

(i)  nonhousekeeping, furnished housing accommodations, located
     within a single dwelling unit not used as a rooming or
     boarding house, but only if:

     (1)  no more than two tenants for whom rent is paid (husband
          and wife being considered one tenant for this purpose),
          who are not members of the owner's immediate family,
          live in such dwelling unit; and
     
     (2)  the remaining portion of such dwelling unit is occupied
          by the owner or his or her immediate family; provided
          that this exemption shall not apply where the tenancy
          commenced prior to July l, 1971;

(j)  housing accommodations in buildings operated exclusively for
     charitable purposes on a nonprofit basis;

(k)  housing accommodations which are not occupied by the tenant,
     not including subtenants or occupants, as his or her primary
     residence as determined by a court of competent
     jurisdiction;

(l)  housing accommodations contained in buildings owned as
     cooperatives or condominiums on or before June 30, 1974; or
     thereafter, as provided in section 352-eeee of the General
     Business Law in accordance with section 2522.5(h) of this
     Title;

(m)  housing accommodations occupied by domestic servants,
     superintendents, caretakers, managers or other employees to
     whom the space is provided as part or all of their
     compensation without payment of rent and who are employed
     for the purpose of rendering services in connection with the
     premises of which the housing accommodation is a part;

(n)  housing accommodations used exclusively for professional,
     commercial, or other nonresidential purposes;

(o)  housing accommodations in buildings completed or
     substantially rehabilitated as family units on or after
     January 1, 1974, or located in a building containing less
     than six housing accommodations, and which were originally
     made subject to regulation solely as a condition of
     receiving tax benefits pursuant to section 11-243 (formerly
     J51-2.5) or section 11-244 (formerly J51-5.0) of the
     Administrative Code of the City of New York, as amended, or
     article XVIII of the PHFL; and thereafter receipt of such
     tax benefits has concluded pursuant to these sections or
     article XVIII, and:

     (1)  for housing accommodations which were subject to the
          RSL pursuant to section 11-243(formerly J51-2.5) or
          section 11-244 (formerly J51-5.0) or PHFL article XVIII
          became vacant; or
     
     (2)  for housing accommodations which received benefits
          pursuant to section 11-243 (formerly J51-2.5) or
          section 11-244 (formerly J51-5.0) or article XVIII of
          the PHFL, each lease and each renewal thereof of the
          tenant in residence at the time of the expiration of
          the tax benefit period includes a notice, in at least
          12-point type informing such tenant that the housing
          accommodation shall become deregulated upon the
          expiration of the last lease or rental agreement
          entered into during the tax benefit period, and states
          the approximate date on which such tax benefit period
          is scheduled to expire;

(p)  housing accommodations in buildings completed or
     substantially rehabilitated as family units on or after
     January 1, 1974 or located in a building containing less
     than six housing accommodations, and which were originally
     made subject to regulation solely as a condition of
     receiving tax benefits pursuant to section 421-a of the Real
     Property Tax Law, as amended, and:

     (1)  the housing accommodations which were subject to the
          RSL pursuant to section 421-a became vacant; or
     
     (2)  for housing accommodations which first became subject
          to the rent stabilization requirements of section 42 I-
          a after July 3, 1984, where each lease and each renewal
          thereof of the tenant in occupancy at the time the
          period of tax exemption pursuant to section 421-a
          expires, contains a notice in at least 12-point type
          informing such tenant that the housing accommodation
          shall become deregulated upon the expiration of the
          last lease or rental agreement entered into during the
          tax benefit period and states the approximate date on
          which such tax benefit period is scheduled to expire;

(q)  housing accommodations which would otherwise be subject to
     rent regulation solely by reason of the provisions of
     article 7-C of the MDL requiring rent regulation, but which
     are exempted from such provisions pursuant to section 286(6)
     and 286(12) of the MDL;

(r)  housing accommodations exempted pursuant to any other
     provision of law.


Sec. 2520.12. EFFECT OF THIS CODE ON LEASES AND OTHER
              RENTAL AGREEMENTS.

The provisions of any lease or other rental agreement shall
remain in force pursuant to the terms thereof, except insofar as
those provisions are inconsistent with the ETPA, the RSL or this
Code, and in such event such provisions shall be void and
unenforceable. For housing accommodations made subject to the RSL
and this Code pursuant to section 2520.11 (c) of this Part, where
such leases or rental agreements are so inconsistent as to render
them ineffective in defining the rights and duties of tenants and
owners, the DHCR may order the provision of new leases consistent
with the ETPA, the RSL and this Code. No renewal lease or vacancy
lease offered to a tenant shall contain any right of cancellation
or eviction by the owner during the term thereof except as
provided for by the ETPA, the RSL or this Code


Sec. 2520.13. WAIVER OF BENEFIT VOID.

An agreement by the tenant to waive the benefit of any provision
of the RSL or this Code is void; provided, however, that based
upon a negotiated settlement between the parties and with the
approval of the DHCR, or a court of competent jurisdiction where
a tenant is represented by counsel, a tenant may withdraw, with
prejudice, any complaint pending before the DHCR. Such settlement
shall not be binding upon any subsequent tenant, except to the
extent that the complaint being settled is subject to the time
limitations set forth in the RSL and this Code.

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PART 2521 -- LEGAL REGISTERED AND REGULATED RENTS

-----------------------------

TABLE OF CONTENTS

Section   2521.1.   Initial legal registered rents for housing
                    accommodations.

          2521.2.   Legal regulated rents for housing
                    accommodations.

          2521.3.   Classification of buildings.

-----------------------------


Sec. 2521.1. INITIAL LEGAL REGISTERED RENTS FOR HOUSING
             ACCOMMODATIONS.

(a)  (1)  For housing accommodations which on March 31, 1984
          were subject to the City Rent Law, and became vacant
          after that date, and which are no longer subject to the
          City Rent Law, and are rented thereafter subject to the
          RSL, the initial legal registered rent shall be the
          rent agreed to by the owner and the tenant and reserved
          in a lease or provided for in a rental agreement
          subject to the provisions of this Code, provided that
          such rent is registered with the DHCR pursuant to Part
          2528 of this Title, and subject to a tenant's right to
          a Fair Market Rent Appeal to adjust such rent pursuant
          to section 2522.3 of this Title.

     (2)  For housing accommodations which on March 31, 1984
          were subject to the penalties provided in former
          section YY51-4.0 of the Administrative Code of the City
          of New York, and which become vacant thereafter, the
          initial legal registered rent for the first rent
          stabilized tenant shall be the rent established by the
          DHCR for the prior tenant, increased by the guidelines
          rate of rent adjustments applicable to the new lease
          plus such other rent increases as are authorized
          pursuant to section 2522.4 of this Title, and shall not
          be subject to a Fair Market Rent Appeal pursuant to
          section 2522.3 of this Title.

(b)  For those housing accommodations for which the tenant files
     a timely challenge in accordance with section
     2526.1(a)(3)(ii) of this Title to the initial legal
     registered rent, such rent shall be determined by the DHCR
     as follows:

     (1)  For housing accommodations other than in hotels, the
          rent charged paid on April 1, 1980, plus the lawful
          increases charged and paid up to March 31, 1984; for
          housing accommodations not required to be registered by
          June 30, 1984, the rent charged and paid four years
          prior to the date the housing accommodation was first
          required to be registered plus such lawful increases
          and adjustments charged and paid up to the date
          immediately prior to the registration date as
          determined by the DHCR.
     
     (2)  For housing accommodations located in hotels, the rent
          charged and paid on April 1, 1980 plus the lawful
          increases charged and paid up to March 31, 1984; or for
          housing accommodations not required to be registered by
          June 30, 1984, the rent charged and paid four years
          prior to the date the housing accommodation was first
          required to be registered plus such lawful increases
          and adjustments charged and paid up to the date
          immediately prior to the registration date as
          determined by the DHCR; provided, however, that with
          respect to any vacancy lease or vacancy rental
          agreement entered into prior to August 15, 1983,
          following a voluntary vacancy, the initial legal
          registered rent shall be the rent charged and paid upon
          such renting, plus subsequent lawful increases and
          adjustments charged and paid from April 1, 1980 up to
          March 31, 1984. If any vacant housing accommodation is
          rented on or after August 15, 1983, the initial legal
          registered rent shall be the lawful rent paid by the
          most recent prior tenant plus any subsequent lawful
          increases and adjustments, or if there has never been a
          prior tenant, the initial legal registered rent shall
          be the rent paid by the most recent hotel occupant,
          plus any subsequent lawful increases and adjustments.

(c)  For all other housing accommodations subject to the RSL
     where a timely challenge was not made as provided for in
     subdivision (b) of this section, the initial legal
     registered rent shall be:

     (1)  for those housing accommodations required to be
          registered by June 30, 1984, the rent charged and paid
          as of April 1, 1984; or
     
     (2)  for those housing accommodations not required to be
          registered by June 30, 1984, the rent charged and paid
          on the date the housing accommodation became subject to
          the registration requirements of the DHCR.

(d)  (1)  Notwithstanding the provisions of subdivision (c)
          of this section, the initial legal registered rent for
          a housing accommodation for which an overcharge
          complaint or a Fair Market Rent Appeal was filed by a
          tenant prior to April 1 , 1984, and not finally
          determined prior thereto, shall be the April 1, 1984
          rent as subsequently determined by the DHCR. Such
          determination will be based upon the law or code
          provision in effect on March 31, 1984.

     (2)  Upon determination of the initial legal registered rent
          in paragraph (1) of this subdivision, legal regulated
          rents subsequent to April 1, 1984 shall be determined
          in accordance with section 2521.2(a) of this Part.

(e)  The initial legal registered rent for a housing
     accommodation first made subject to the RSL and this Code
     pursuant to article 7-C of the MDL shall be the rent
     established by the Loft Board under section 286(4) of the
     MDL applicable to a lease offered pursuant to MDL section
     286(3). Such rent shall not be subject to the proceedings
     described in section 2522.3 of this Title. Notwithstanding
     that the rent charged and paid during the first lease term
     may have been less than such initial legal registered rent,
     the owner may request that the next lease rental be the
     initial legal registered rent plus the allowable increase
     established by the Rent Guidelines Board, and such other
     rent increases as are authorized pursuant to section 2522.4
     of this Title.

(f)  Notwithstanding the provisions of any outstanding lease or
     other rental agreement, the initial legal registered rent
     for a housing accommodation in a multiple dwelling for which
     a loan is made under the PHFL shall be the initial rent
     established pursuant to such law. Such rent, whether or not
     the housing accommodation was previously subject to the RSL,
     shall not be subject to the proceeding described in section
     2522.3 of this Title. Such rent for housing accommodations
     occupied prior to the granting of the loan made pursuant to
     the PHFL shall take effect on the date specified in the
     order establishing the rent. Notwithstanding any other
     provision of the RSL or this Code, the owner of such housing
     accommodation shall offer any tenant in occupancy on such
     effective date or upon initial occupancy a one- or two-year
     lease at the tenant's option at such rent, which offer shall
     be made as soon as practicable after such rent is
     established, whether or not the rent has taken or is then
     permitted to take effect; and refusal of such tenant to sign
     such lease, at such rent, and otherwise upon the same terms
     and conditions as the expiring lease, if any, shall
     constitute grounds for an action or proceeding to evict and
     recover possession of the housing accommodation; provided,
     however, that following the tenant's receipt of the offer of
     such lease at such rent as lawfully established, a tenant in
     occupancy on such date shall be allowed 30 days to sign such
     lease and, if during such 30-day period, such tenant gives
     the owner written notice of an intention to terminate such
     tenancy and pays the rent established pursuant to law for
     such month and for any extended period, the tenant shall not
     be required to surrender the housing accommodation until 60
     days after receipt of such offer. Notwithstanding that the
     rent charged and paid during the first lease term may have
     been less than such initial legal registered rent, the owner
     may request that the next lease rental be the initial legal
     registered rent plus the allowable increase established by
     the Rent Guidelines Board.

(g)  Notwithstanding any other provision of this Code, the
     initial legal registered rent for a housing accommodation
     first made subject to the RSL and this Code pursuant to
     article XIV of the PHFL or section 2429 of article 8 of the
     Public Authorities Law shall be the rent established
     pursuant to law which reflects the improvements or
     rehabilitation and shall be subject to subsequent adjustment
     by the DHCR. Such rent shall not be subject to the
     proceedings described in section 2522.3 of this Title.
     Notwithstanding any other provision of the RSL or this Code:
     the owner of such housing accommodation shall offer a tenant
     in occupancy who first became subject to the RSL and this
     Code on the effective date of such rent a one- or two-year
     lease at the tenant's option at such rent, which offer shall
     be made as soon as practicable after such rent is effective;
     and refusal of such tenant to sign such lease at such rent,
     and otherwise upon the same terms and conditions as the
     expiring lease, if any, shall constitute grounds for an
     action or proceeding to evict and recover possession of the
     housing accommodation; provided, however, that following
     tenant's receipt of the offer of such lease at such rent, a
     tenant in occupancy on such effective date shall be allowed
     30 days to sign such lease and, if during such 30-day
     period, such tenant gives the owner written notice of an
     intention to terminate such tenancy and pays the rent
     established pursuant to law while in occupancy, the tenant
     shall not be required to surrender the housing accommodation
     until 60 days after receipt of such offer. Notwithstanding
     that the rent charged and paid during the first lease term
     may have been less than such initial legal registered rent,
     the owner may request that the next lease rental be the
     initial legal registered rent plus the allowable increase
     established by the Rent Guidelines Board.

(h)  If a housing accommodation is rehabilitated pursuant to
     either article XIV of the PHFL or section 2429 of article 8
     of the Public Authorities Law, and article XV of the PHFL,
     the provisions in subdivision (f) of this section shall
     apply, rather than the provisions of subdivision (g), if HPD
     elects to establish rents for the housing accommodation
     pursuant to article XV of the PHFL.

(i)  The initial legal registered rent for a housing
     accommodation constructed pursuant to section 421-a of the
     Real Property Tax Law shall be the initial adjusted monthly
     rent charged and paid but not higher than the rent approved
     by HPD pursuant to such section for the housing
     accommodation or the lawful rent charged and paid on April
     1, 1984, whichever is later.

(j)  The initial legal registered rent for housing accommodations
     subject this Code solely as a condition of receiving or
     continuing to receive benefits pursuant to section 11-243
     (formerly J51-2.5) or 11-244 (formerly J51-5.0) of the
     Administrative Code, as amended, shall be the rent charged
     the initial rent-stabilized tenant or the lawful rent
     charged and paid on April 1, 1984, whichever is later, and
     shall not be subject to a Fair Market Rent Appeal pursuant
     to section 2522.3 of this Title. However, as to any housing
     accommodation which previously received tax benefits
     pursuant to section 11-243 (formerly J51-2.5) or 11-244
     (formerly J51-5.0), was not covered by the provisions of the
     RSL on June 18, 1985, and was made subject to such law by
     the provisions of chapters 288 and 289 of the Laws of New
     York for the year 1985 (as amended), the initial legal
     registered rent shall be the rent charged and paid on May
     30, 1985, or the maximum rent which could have been charged
     if the housing accommodation had been continuously subject
     to the RSL for the entire tenancy of the tenant in occupancy
     on May 30, 1985, whichever is greater.

(k)  Notwithstanding the provisions of the RSL or any other
     provision of this Code, the initial legal registered rent
     upon completion of the rehabilitation of a Class B multiple
     dwelling, Class A multiple dwelling used for single-room
     occupancy purposes, lodging house or a substantially vacant
     building intended to be used after rehabilitation for single-
     room occupancy purposes for which a loan is made for such
     rehabilitation on or after September 1, 1985, under article
     VIII or VIII-A of the PHFL, shall be the initial rent
     established by HPD pursuant to such law. Such rent, whether
     or not the housing accommodation was previously subject to
     the RSL, shall not be subject to the proceeding described in
     section 2522.3 of this Title. Such rent shall take effect on
     the date specified in the order establishing the rent.
     Notwithstanding the provisions of the RSL or any other
     provision of this Code, the owner of such housing
     accommodation shall offer any tenant in occupancy on such
     effective date a one or two-year lease, at the tenant's
     option, at such rent, which offer shall be made as soon as
     practicable after such rent is established. Refusal of such
     tenant to sign such lease at such rent, and otherwise upon
     the same terms and conditions as the expiring lease, if any,
     shall constitute grounds for an action or proceeding to
     evict and recover possession of the housing accommodation;
     provided, however, that following the tenant's receipt of
     the offer of such lease at such rent as lawfully
     established, a tenant in occupancy on such date shall be
     allowed 30 days to sign such lease and, if during such 30-
     day period, such tenant gives the owner written notice of an
     intention to terminate such tenancy and pay the rent
     established pursuant to law for such month and for any
     extended period, the tenant shall not be required to
     surrender the housing accommodation until 60 days after
     receipt of such lease offer. Notwithstanding that the rent
     charged and paid during the first lease term may have been
     less than such initial legal registered rent, the owner may
     request that the next lease rental be the initial legal
     registered rent plus the allowable increase established by
     the Rent Guidelines Board, and such other rent increases as
     are authorized pursuant to section 2522.4 of this Title.

(l)  For housing accommodations whose rentals were previously
     regulated under the PHFL, or any other State or Federal law,
     other than the RSL or the City Rent Law, upon the
     termination of such regulation, the initial legal registered
     rent shall be the rent charged to and paid by the tenant in
     occupancy on the date such regulation ends. For housing
     accommodations which are vacant on the date the building
     first became subject to the RSL and this Code, such rent
     shall be the rent charged and paid by the most recent
     tenant, in addition to rental subsidies, if any, which shall
     be subject to vacancy guidelines increases, and shall not be
     subject to a Fair Market Rent Appeal pursuant to section
     2522.3 of this Title.

(m)  Notwithstanding any other provision of this Code, except as
     provided in paragraph (2) of this subdivision, governmental
     agencies or public benefit corporations may enter into an
     agreement with the DHCR, which shall be incorporated into an
     order of the DHCR, setting forth the conditions under which:

     (1)  projects receiving assistance or financing from such
          agencies may register higher and lower initial legal
          rents for units subject to occupancy and rent
          restrictions by such agencies, which rents may then be
          adjusted pursuant to the RSL and this Code, and shall
          not be subject to the proceedings described in section
          2522.3 of this Title; or

     (2)  projects whose rentals were previously regulated under
          the PHFL or any other State or Federal law, other than
          the RSL or the City Rent Law, upon the date when such
          regulation ends, may register higher and lower initial
          legal rents for units which have been subject to
          occupancy and rent restrictions pursuant to such laws,
          which rents may then be adjusted pursuant to the RSL
          and this Code, and shall not be subject to the
          proceedings described in section 2522.3 of this Title.
          Where the DHCR was the agency regulating rentals
          pursuant to the PHFL, such terms and conditions shall
          be incorporated into an order of the DHCR.
     
     Such agreement or order shall also set forth the conditions
     under which the higher and lower legal regulated rents may
     be charged, with due consideration of equities as set forth
     in section 2522.7 of this Title.


Sec. 2521.2. LEGAL REGULATED RENTS FOR HOUSING ACCOMMODATIONS.

(a)  The legal regulated rent shall be the initial legal
     registered rent first established pursuant to section 2521.1
     of this Part, and thereafter shall be the initial legal
     registered rent as it may be adjusted pursuant to the RSL
     and this Code, or the rent stated in the annual registration
     statement filed four years prior to the most recent
     registration statement as adjusted pursuant to the RSL and
     this Code, whichever is later.

(b)  Where the legal regulated rent is established and a rent
     lower than the legal regulated rent is charged and paid by
     the tenant, upon vacancy of such tenant, the legal regulated
     rent previously established plus the most recent applicable
     guidelines increases, plus such other rent increases as are
     authorized pursuant to section 2522.4 of this Title, may be
     charged a new tenant.


Sec. 2521.3. CLASSIFICATION OF BUILDINGS.

(a)  Upon application by a tenant or owner, the DHCR shall issue
     an order determining a building's classification based upon
     the services provided and other relevant factors. Except as
     provided in subdivisions (c) and (d) of this section, if it
     is determined that such building is not a hotel, the DHCR
     shall classify the building as an apartment building unless
     the owner restores sufficient services to maintain a hotel
     classification in accordance with subdivision (b) of this
     section. If the building is reclassified, then the housing
     accommodations therein shall thereafter be subject to the
     provisions of this Code applicable to apartment buildings,
     at the legal regulated rent for each housing accommodation
     as determined by the order of the DHCR, plus lawful
     increases and adjustments allowed pursuant to this Code. In
     order for an owner to retain or continue the building's
     classification as a hotel, he or she must provide, in
     addition to any other services he or she is or was providing
     pursuant to section 2520.6(r) of this Title, all four of the
     following services:

     (1)  maid service, consisting of general housecleaning at a
          frequency of at least once a week;
     
     (2)  linen service, consisting of providing clean linens at
          a frequency of at least once a week;
     
     (3)  furniture and furnishings, including at a minimum a
          bed, lamps, storage facilities for clothing, chair and
          mirror in a bedroom; such furniture to be maintained by
          the hotel owner in reasonable condition; and
     
     (4)  lobby staffed 24 hours a day, seven days a week by at
          least one employee.

(b)  A building's classification as a hotel will not be retained
     or continued where the DHCR determines that 51 percent of
     the permanent tenants are not receiving maid and linen
     service, except that all tenants receiving such services
     shall be entitled to receive the services for the duration
     of their occupancy. Where an owner is providing maid and
     linen service to 51 percent of the permanent tenants and the
     owner wishes to maintain the building's classification as a
     hotel, the owner shall be afforded 90 days to restore all
     four hotel services described above, without any additional
     rent increase for such services, to all of the buildings
     permanent tenants, except that those tenants whose housing
     accommodations were rented to them as apartment (not hotel)
     housing accommodations shall have the option of rejecting
     restoration of hotel services and be subject to the RSL,
     pursuant to the provisions of this Code applicable to
     apartment buildings, until they vacate, at which time the
     owner shall be required to restore hotel services to the
     housing accommodations.

(c)  Notwithstanding the provisions of subdivision (a) of this
     section, single-room occupancy facilities such as single-
     room occupancy hotels or rooming houses, as defined in the
     MDL, shall not be subject to reclassification pursuant to
     this section. However, such housing accommodations shall be
     included in the definition of hotel as set forth in section
     2520.6(b) of this Title for all other purposes of this Code,
     except that the four minimum services enumerated in such
     section shall not be required to be provided unless such
     services were provided on the applicable base dates pursuant
     to section 2520.6(r)(4) of this Title.

(d)  Notwithstanding the provisions of subdivision (a) of this
     section, the DHCR may decline to reclassify a hotel to
     apartment building status if it finds that the owner has
     reduced any of the four hotel services listed in such
     subdivision (a) for the purpose of reclassification of the
     building.

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PART 2522 -- RENT ADJUSTMENTS

-----------------------------

TABLE OF CONTENTS

Section   2522.1.   Legal regulated rent adjustments.

          2522.2.   Effective date of adjustment of legal
                    regulated rents.

          2522.3.   Fair Market Rent Appeal.

          2522.4.   Adjustment of legal regulated rent.

          2522.5.   Lease agreements.

          2522.6.   Orders where the legal regulated rent or
                    other facts are in dispute, in doubt, or not
                    known, or where the legal regulated rent must
                    be fixed.

          2522.7.   Consideration of equities.

-----------------------------


Sec.  2522.1. LEGAL REGULATED RENT ADJUSTMENTS.

Legal regulated rents may be increased or decreased only as
hereinafter specified.


Sec.  2522.2. EFFECTIVE DATE OF ADJUSTMENT OF LEGAL REGULATED
              RENTS.

The legal regulated rent shall be adjusted effective the first
rent payment date occurring 30 days after the filing of the
application, unless otherwise set forth in the order, or as set
forth in a Notice of Eligibility pursuant to section
2522.4(a)(3)(ii) of this Part, or on the effective date of a
lease or other rental agreement providing for the Rent Guidelines
Board annual rate of adjustments. No rent adjustment may take
place during a lease term unless a clause in the lease authorizes
such increase.


Sec.  2522.3. FAIR MARKET RENT APPEAL.

(a)  Except as provided in section 2521.1(a)(2) of this Title, an
     appeal of the initial legal registered rent on the ground
     that it exceeds the fair market rent for the housing
     accommodation may be filed with the DHCR by the tenant of a
     housing accommodation which was subject to the City Rent Law
     on December 31, 1973. If the housing accommodation was
     registered in accordance with Part 2528 of this Title, this
     right is limited to the first tenant taking occupancy on or
     after April 1, 1984, except where such tenant had vacated
     the housing accommodation prior to the service by the owner
     of the Notice of initial Legal Registered Rent as required
     by section 2523.1 of this Title. In such event, any
     subsequent tenant in occupancy shall also have a right to
     file a Fair Market Rent Appeal until the owner mails the
     required notice and 90 days shall have elapsed without the
     filing of an appeal by a tenant continuing in occupancy
     during said 90-day period. Once a Fair Market Rent Appeal is
     filed, no subsequent tenant may file such appeal.
     Notwithstanding the above, where the first tenant taking
     occupancy after December 31, 1973, of a housing
     accommodation previously subject to the City Rent Law, was
     served with the notice required by section 26 of the former
     code of the Rent Stabilization Association of New York City,
     Inc., the time within which such tenant may file a Fair
     Market Rent Appeal is limited to 90 days after such notice
     was mailed to the tenant by the owner by certified mail.

(b)  The tenant need only allege in such appeal:

     (1)  that the initial legal registered rent is in excess of
          the fair market rent; and
     
     (2)  such facts which, to the best of his or her information
          and belief, support such allegation.

(c)  Such appeal shall be dismissed where:

     (1)  the housing accommodation was subject to the City Rent
          Law prior to July 1, 1971, and the initial legal
          registered rent does not exceed the maximum rent as
          calculated pursuant to the City Rent Law for the period
          commencing January 1, 1974 and ending December 31,
          1975, whether or not the housing accommodation was
          subject to the City Rent Law on that date, plus the
          appropriate guidelines allowance permissible for
          renewal leases pursuant to Guidelines Board Order No. 6
          issued June 28, 1974 and effective July 1, 1974, and
          Order No. 6C issued February 7, 1975 and effective July
          1, 1974, for any lease or other rental agreement
          commencing on or after January 1, 1974; or
     
     (2)  the appeal is filed more than 90 days after the
          certified mailing to the tenant of the initial
          apartment registration, together with the notice
          pursuant to section 2523.1 of this Title.

(d)  The order shall direct the affected owner to make the refund
     of any excess rent to the tenant in cash, check or money
     order, and to the extent the present owner is liable for all
     or any part of the refund, such present owner may credit
     such refund against future rents over a period not in excess
     of six months. If the refund exceeds the total rent due for
     six months, the tenant at his or her option may continue to
     abate his or her rent until the refund is fully credited, or
     request the present owner to refund any balance outstanding
     at the end of such six-month period.

(e)  In determining Fair Market Rent Appeals, consideration shall
     be given to the applicable guidelines promulgated for such
     purposes by the Rent Guidelines Board and to rents generally
     prevailing for substantially similar housing accommodations
     in buildings located in the same area as the housing
     accommodation involved. The rents for these comparable
     housing accommodations may be considered where such rents
     are:

     (1)  legal regulated rents, for which the time to file a
          Fair Market Rent Appeal has expired and no Fair Market
          Rent Appeal is then pending, or the Fair Market Rent
          Appeal has been finally determined, charged pursuant to
          a lease commencing within a four-year period prior to,
          or a one-year period subsequent to, the commencement
          date of the initial lease for the housing accommodation
          involved; and
     
     (2)  at the owner's option, market rents in effect for other
          comparable housing accommodations on the date of the
          initial lease for the housing accommodation involved as
          submitted by the owner.

(f)  Where the rents of the comparable housing accommodations
     being considered are legal regulated rents, for which the
     time to file a Fair Market Rent Appeal has expired, and such
     rents are charged pursuant to a lease ending more than one
     year prior to the commencement date of the initial lease for
     the subject housing accommodation, such rents shall be
     updated by guidelines increases for one-year renewal leases,
     commencing with the expiration of the initial lease for the
     comparable housing accommodation to a date within 12 months
     prior to the renting of the housing accommodation involved


Sec.  2522.4. ADJUSTMENT OF LEGAL REGULATED RENT.

(a)  INCREASED SPACE AND SERVICES, NEW EQUIPMENT, NEW FURNITURE
     OR FURNISHINGS; MAJOR CAPITAL IMPROVEMENTS; OTHER
     ADJUSTMENTS.

     (1)  An owner is entitled to a rent increase where there has
          been a substantial increase, other than an increase for
          which an adjustment may be claimed pursuant to
          paragraph (2) of this subdivision, of dwelling space or
          an increase in the services, or installation of new
          equipment or improvements, or new furniture or
          furnishings, provided in or to the tenant's housing
          accommodation, on written tenant consent to the rent
          increase. In the case of vacant housing accommodations,
          tenant consent shall not be required.
     
     (2)  An owner may file an application to increase the legal
          regulated rents of the building or building complex on
          forms prescribed by the DHCR, which the DHCR shall
          serve upon all affected tenants, on one or more of the
          following grounds:

          (i)   There has been a major capital improvement,
                including an installation, which must meet all
                of the following criteria:

                (a) deemed depreciable under the Internal Revenue
                    Code, other than for ordinary repairs;
                
                (b) is for the operation, preservation and
                    maintenance of the structure;
                
                (c) is an improvement to the building or to the
                    building complex which inures directly or
                    indirectly to the benefit of all tenants, and
                    which includes the same work performed in all
                    similar components of the building or
                    building complex, unless the owner can
                    satisfactorily demonstrate to the DHCR that
                    certain of such similar components did not
                    require improvement; and
                
                (d) the item being replaced meets the
                    requirements set forth in the useful life
                    schedule, except with DHCR approval of a
                    waiver. Pursuant to section 2527.11 of this
                    Title, the DHCR shall issue a useful life
                    schedule in accordance with manufacturing
                    industry standards, which shall also set
                    forth the conditions under which a useful
                    life requirement may be waived.

          (ii)  There has been other necessary work performed in
                connection with, and directly related to a major
                capital improvement, which may be included in
                the computation of an increase in the legal
                regulated rent only if such other necessary work
                was completed within a reasonable time after the
                completion of the major capital improvement to
                which it relates. Such other necessary work
                must:

                (a) improve, restore or preserve the quality of
                    the structure; and
                
                (b) have been completed subsequent to, or
                    contemporaneously with, the completion of the
                    work for the major capital improvement.

          (iii) With approval by the DHCR, there has been an
                increase in services or improvement, other than
                repairs, on a building-wide basis, which the
                owner can demonstrate are necessary in order to
                comply with a specific requirement of law.
          
          (iv)  With approval by the DHCR, there have been other
                improvements made or services provided to the
                building or building complex, other than those
                specified in subparagraphs (i)-(iii) of this
                paragraph, with the express consent of the
                tenants in occupancy of at least 75 percent of
                the housing accommodations.

     (3)  An owner who files a complete application with the DHCR
          for an increase authorized pursuant to subparagraph
          (2)(i) of this subdivision which meets the requirements
          of such subparagraph may begin to collect such increase
          in the legal regulated rent prior to the issuance of an
          order granting the increase, provided that:

          (i)   to be complete, such application must:

                (a) contain an itemized list of the work
                    performed;
                
                (b) contain a certification of the cost of such
                    work from the contractors, architect,
                    certified public accountant, engineer or
                    governmental agency; and that the item meets
                    the requirements set forth in the useful life
                    schedule, or a copy of a DHCR approval of a
                    waiver of such useful life requirement is
                    attached;
               
                (c) contain proof of payment for such work the
                    cost of which is certified pursuant to clause
                    (b) of this subparagraph;
                
                (d) contain the owner's sworn affidavit as to the
                    completion of the installation or improvement
                    in accordance with the itemization list and
                    the certified costs, that all applicable
                    governmental codes and regulations have been
                    complied with, the installation or
                    improvement has been properly performed in a
                    workmanlike manner, and the truthfulness of
                    all information submitted with the
                    application;

                (e) contain copies of all necessary governmental
                    agency approvals or self-certification by a
                    duly licensed architect or engineer as may be
                    permitted by such governmental agency; and
                
                (f) be for an improvement or installation of an
                    item which is included on the following
                    schedule, or such other improvement or
                    installation to the building or building
                    complex for the operation, preservation and
                    maintenance of the structure as may be deemed
                    necessary by the DHCR for the continued
                    viability of the building as specified in an
                    operational bulletin issued pursuant to
                    section 2527.11 of this Title.

-----------------------------

SCHEDULE OF MAJOR CAPITAL IMPROVEMENTS

1.   Air conditioner--new central system; or individual units set
     in sleeves in the exterior wall of every housing
     accommodation; or, air conditioning circuits and outlets in
     each living room and/or bedroom (see Rewiring).

2.   Aluminum siding--installed in a uniform manner on all
     exposed sides of the building (see Resurfacing).

3.   Bathroom modernization--complete renovation, including new
     sinks, toilets, bathtubs and/or showers and all required
     trims in every housing accommodation.

4.   Boiler and/or burner--new unit(s) including electrical work
     and additional components needed for the installation.

5.   Boiler room--new room where none existed before; or
     enlargement of existing one to accommodate new boiler.

6.   Catwalk--complete replacement.

7.   Chimney--complete replacement, or new one where none existed
     before, including additional components needed for the
     installation.

8.   Courtyard and walkways--concrete resurfacing of entire
     original area within the property lines of the premises.

9.   Doors--new lobby front entrance and/or vestibule doors; or
     entrance to every housing accommodation, or fireproof doors
     for public hallways, basement, boiler room and roof
     bulkhead.

10.  Elevator upgrading--including new controllers and selectors;
     or new electronic dispatch overlay system; or new elevator
     where none existed before, including additional components
     needed for the installation.

11.  Fire escapes--complete new replacement, including new
     landings.

12.  Gas heating units--new individual units with connecting
     pipes to every housing accommodation.

13.  Hot water heater--new unit for central heating system.

14.  Incinerator upgrading--including a new scrubber.

15.  Intercom system--new replacement; or one where one existed
     before, with automatic door locks and push-button speaker
     boxes and/or telephone communication, including security
     locks on all entrances to the building.

16.  Kitchen modernization--complete renovation, in eluding new
     sinks, counter tops and cabinets in every housing
     accommodation.

17.  Mailboxes--new replacements and relocated from outer
     vestibule to an area behind locked doors to increase
     security.

18.  Painting and waterproofing--as necessary on exposed sides of
     the building.

19.  Parapet--complete replacement.

20.  Repiping--new hot and/or cold water risers, returns, and
     branches to fixtures in every housing accommodation,
     including shower bodies, and/or new hot and/or new cold
     water overhead mains, with all necessary valves in basement.

21.  Resurfacing of exterior walls--consisting of brick or
     masonry facing on entire area of all exposed sides of the
     building.

22.  Rewiring--new copper risers and feeders extending from
     property box in basement to every housing accommodation;
     must be of sufficient capacity (220 volts) to accommodate
     the installation of air conditioner circuits in living room
     and/or bedroom.

23.  Roof--complete replacement or roof cap on existing roof
     installed after thorough scraping and leveling as necessary.

24.  Solar heating system--new central system, including
     additional components needed for the system.

25.  Structural steel--complete new replacement of all beams
     including footing and foundation.

26.  Television system--new security monitoring system, including
     additional components needed for the system.

27.  Waste compactor--new installation(s) serving entire
     building.

28.  Waste compactor room--new room where none existed before.

29.  Water tank--new installation(s) serving entire building.

30.  Windows--new aluminum framed windows. Wood framed windows
     allowed only for landmark buildings.

-----------------------------

          (ii)  The owner or his or her representative has
                personally filed the completed application with
                the DHCR, the DHCR has served such application
                upon all affected tenants, the owner has
                thereafter received a Notice of Eligibility from
                the DHCR stating that the application is
                complete, and the DHCR has served such Notice of
                Eligibility upon such tenants. For the purposes
                of an application filed pursuant to this
                paragraph, the DHCR shall, within 90 days of
                such filing, fully review such application to
                insure completion pursuant to subparagraph (i)
                of this paragraph and shall conduct inspections
                where appropriate, and thereafter shall provide
                an owner with a Notice of Eligibility stating
                that the application is complete, and the
                effective date of the notice for the purposes of
                collecting the increase, or a notice of
                deficiency determining that the application is
                incomplete, and setting forth the grounds for
                such determination. A Notice of Eligibility
                shall be subject to a tenant challenge and
                subsequent audit by the DHCR. A tenant may file
                a challenge to the owner's eligibility to
                collect the rent increase within 60 days after
                the DHCR has served the tenant with a copy of
                the Notice of Eligibility by setting forth the
                grounds of his or her challenge in an answer
                filed with the DHCR.

          (iii) An owner, who on the effective date of this
                Code, has an application pending before the DHCR
                for an increase pursuant to subparagraph (2)(i)
                of this subdivision, may begin to collect such
                increase upon compliance with the procedure set
                forth in subparagraphs (i) and (ii) of this
                paragraph, provided that the retroactive
                collectibility of the increase shall be no
                earlier than the first rent payment date one
                year prior to the filing of an application
                completed pursuant to such subparagraphs (i) and
                (ii), and shall not be collected until the DHCR
                has issued an order granting the increase.
          
          (iv)  An owner who is found by the DHCR to have
                knowingly filed a false affidavit pursuant to
                clause (i)(d) of this paragraph shall not be
                entitled to file any future application under
                this paragraph, and shall be denied the increase
                for which the owner submitted the application.
                Any increased rent shall be returned to the
                tenant and, in addition to any penalty contained
                in any other provision of law, the DHCR may also
                impose treble damages for the rent increase
                collected pursuant to the Notice of Eligibility
                described in subparagraph (ii) of this
                paragraph.

     (4)  The increase in the monthly stabilization rent for the
          affected housing accommodations when authorized
          pursuant to paragraph (1) of the subdivision shall be
          l/40th of the total cost, including installation but
          excluding finance charges; and any increase pursuant to
          paragraphs (2) and (3) shall be 1/60th of the total
          cost, including installation but excluding finance
          charges as allocated in accordance with paragraph (12)
          of this subdivision. For increases pursuant to
          subparagraphs (2)(iii) and (iv) of this subdivision, in
          the discretion of the DHCR, an appropriate charge may
          be imposed in lieu of an amortization charge when an
          amortization charge is insignificant or inappropriate.

     (5)  Such increases shall not be collectible during the term
          of a lease then in effect, unless a specific provision
          in the tenant's lease authorizes an increase during its
          term pursuant to an order issued by the DHCR, except
          that increases pursuant to paragraph (1) of this
          subdivision may be collected upon installation.

     (6)  The determination of the appropriate adjustment of a
          legal regulated rent shall take into consideration all
          factors bearing on the equities involved, subject to
          the general limitation that the adjustment can be put
          into effect without dislocation and hardship
          inconsistent with the purposes of the RSL, and
          including as a factor a return of the actual cost to
          the owner, exclusive of interest or other carrying
          charges, and the increase in the rental value of the
          housing accommodations.
     
     (7)  Except for applications made pursuant to paragraph (3)
          of this subdivision, an owner may apply for the DHCR's
          advisory prior opinion pursuant to section 2527.11 of
          this Title, as to whether the proposed work qualifies
          for an increase in the legal regulated rent.
     
     (8)  No increase pursuant to paragraphs (2) and (3) of this
          subdivision shall be granted by the DHCR, unless an
          application is filed no later than two years after the
          completion of the installation or improvement unless
          the applicant can demonstrate that the application
          could not be made within two years due to delay, beyond
          the applicant's control, in obtaining required
          governmental approvals for which the applicant has
          applied within such two-year period. No increase
          pursuant to paragraphs (2) and (3) of this subdivision
          shall be granted within the useful life of an
          improvement or installation for which an increase was
          previously granted except with prior DHCR approval for
          required improvements. In addition, an increase
          pursuant to paragraphs (2) and (3) shall not be
          collectible from a tenant to whom there has been issued
          a currently valid senior citizen rent increase
          exemption pursuant to section 26-509 of the
          Administrative Code of the City of New York, to the
          extent such increase causes the legal regulated rent of
          the housing accommodation to exceed one third of the
          aggregate disposable income of all members of the
          household residing in the housing accommodation. The
          collection of any increase in the legal regulated rent
          for any housing accommodation pursuant to paragraphs
          (2) and (3) shall not exceed six percent in any year
          from the effective date of the Notice of Eligibility or
          of the order granting the increase over the rent set
          forth in the schedule of gross rents with
          collectibility of any dollar excess above said sum to
          be spread forward in similar increments and added to
          the legal regulated rent as established or set in
          future years. In no event shall more than one six-
          percent increase in the legal regulated rent pursuant
          to paragraphs (2) and (3) be collected in the same year
          for the permanent, prospective rent increase, and no
          more than an additional six-percent increase for the
          temporary retroactive portion of such rent increase.

     (9)  An increase for an improvement made pursuant to
          paragraphs (2) and (3) of this subdivision shall not be
          granted by the DHCR to the extent that, after a plan
          for the conversion of a building to cooperative or
          condominium ownership is declared effective, such
          improvement is paid for out of the cash reserve fund of
          the cooperative corporation or condominium association.
          Nothing in this paragraph shall prevent an owner from
          applying for, and the DHCR from granting, an increase
          for such improvement to the extent that the cost
          thereof is otherwise paid for by an owner.
     
     (10) The DHCR shall not grant an application pursuant to
          this subdivision for an increase for any improvement
          made pursuant to paragraphs (2) and (3) of this
          subdivision to the extent that the cost of such
          improvement is paid for by an owner with funds received
          pursuant to a grant from any governmental agency or
          entity. A low interest loan or subsidy shall not be
          considered a grant for the purposes of this paragraph.
          Nothing in this paragraph shall prevent an owner from
          applying for, and the DHCR from granting, an increase
          for such improvement to the extent that the cost
          thereof is otherwise paid for by an owner.
     
     (11) An owner who is entitled to a rent increase based upon
          the installation of new equipment, or new furniture or
          furnishings pursuant to paragraph (1) of this
          subdivision shall not be entitled to a further rent
          increase based upon the installation of similar
          equipment, or new furniture or furnishings within the
          useful life of such new equipment, or new furniture or
          furnishings.

     (12) Rent adjustments pursuant to paragraphs (2) and (3) of
          this subdivision and subdivisions (b) and (c) of this
          section shall be allocated as follows: The DHCR shall
          determine the dollar amount of the monthly rent
          adjustment. Such dollar amount shall be divided by the
          total number of rooms in the building. The amount so
          derived shall then be added to the rent chargeable to
          each housing accommodation in accordance with the
          number of rooms contained in such housing
          accommodation.
     
     (13) The DHCR shall not grant an owner's application for a
          rental adjustment pursuant to this subdivision, in
          whole or in part, if it is determined by the DHCR prior
          to the granting of approval to collect such adjustment
          that the owner is not maintaining all required
          services, or that there are current immediately
          hazardous violations of any municipal, county, State or
          Federal law which relate to the maintenance of such
          services. However, as determined by the DHCR, such
          application may be granted upon condition that such
          services will be restored within a reasonable time, and
          certain tenant-caused violations may be excepted.

     (14) In the case of an improvement constituting a moderate
          rehabilitation as defined in subdivision 2.1(6) of the
          Rules and Regulations Governing Tax Exemption and Tax
          Abatement pursuant to title 11 of the Administrative
          Code of the City of New York, an owner may elect that
          the total cost for such improvement be deemed to be the
          amount certified by the Tax Abatement/Tax Exemption
          Unit of HPD in the certificate of eligibility issued by
          such office with respect to such improvement. Such
          election shall be binding on the DHCR and shall waive
          any claim for a rent increase by reason of any
          difference between the total cash paid by the owner and
          such lesser certified amount.


(b)  COMPARATIVE HARDSHIP.

     (1)  An owner may file an application on forms prescribed by
          the DHCR, and the DHCR shall grant, on the application
          of an owner, appropriate rent adjustments as
          hereinafter provided, where the gross rental income is
          insufficient to yield to the owner an average annual
          net income (which shall be computed without regard to
          debt service, financing costs or management fees), for
          the three-year period ending on or within six months of
          the date of the filing of the owner's application,
          equal to the annual average net income of the property
          for:
     
          (i)   the period 1968-1970; or
          
          (ii)  the first three years of operation, if the
                building was completed after 1 968; or
          
          (iii) the first three fiscal years after a transfer of
                title to a new owner who acquired title to the
                building as a result of a bona fide sale of the
                entire building, and who has been unable to
                obtain requisite records for the fiscal years
                between 1968 through 1970, despite diligent
                efforts to obtain the same from predecessors in
                title, provided that such new owner submits
                financial data for not less than six years of
                continuous and uninterrupted operation of the
                property under his or her ownership.
     
     (2)  Notwithstanding anything to the contrary herein, no
          increase granted pursuant to this subdivision shall,
          when added to the annual gross rents as determined by
          the DHCR, exceed the sum of:
     
          (i)   the annual operating expenses;
          
          (ii)  an allowance for management services as
                determined by the DHCR;
          
          (iii) actual annual mortgage debt service (interest
                and amortization) on its indebtedness to a
                lending institution, an insurance company, a
                retirement fund or welfare fund under the
                supervision of the banking or insurance laws of
                the State of New York or the United States; and
                (iv) 8 1/2 percent of that portion of the fair
                market value of the property which exceeds the
                unpaid principal amount of the mortgage
                indebtedness referred to in subparagraph (iii)
                of this paragraph. Fair market value for this
                subparagraph shall be six times the annual gross
                rent.

     (3)  Restrictions.
     
          (i)   The collection of any increase in the legal
                regulated rent for any housing accommodation
                pursuant to this subdivision shall not exceed
                six percent in any year from the effective date
                of the order granting the increase over the rent
                set forth in the schedule of gross rents, with
                collectibility of any dollar excess above said
                sum to be spread forward in similar increments
                and added to the legal regulated rent as
                established or set in future years.
          
          (ii)  If the building was previously granted a
                hardship increase, such increase must have
                become effective more than 36 months prior to
                the filing date of the application .
          
          (iii) The owner has resolved all legal objections to
                any real estate taxes and water and sewer
                charges for the test period. However, if there
                is a pending certiorari proceeding relating to
                the real estate tax expense for the test period,
                an owner may be permitted to file a hardship
                application. In such cases, the amount of real
                estate tax expense that will be recognized for
                purposes of the test period will be based upon
                the amount of proposed assessed value set forth
                by the owner in the certiorari petition;
                provided, however, that the owner submits proof
                of actual payment of all taxes due on the
                owner's proposed assessed value, in accordance
                with applicable law. If after such tax objection
                is resolved, the owner's actual and reasonable
                tax expense allocable to the test period exceeds
                the amount the DHCR used in determining the
                hardship application, an additional increase may
                be granted prospectively by the DHCR in its
                discretion. The DHCR may also, in its
                discretion, accept reasonable alternatives as to
                unresolved water and sewer charges.
     
          (iv)  The DHCR shall not grant an owner an increase as
                provided, in whole or in part, if it is
                determined prior to the granting of approval to
                collect an increase pursuant to this subdivision
                that the owner is not maintaining all required
                services or there are current immediately
                hazardous violations of any municipal, county,
                State or Federal law which relate to the
                maintenance of such services. However, as
                determined by the DHCR, where the DHCR
                determines that insufficient income is the cause
                of such failure to maintain required services,
                hardship increases may be granted upon condition
                that such services will be restored within a
                reasonable time, and certain tenant-caused
                violations may be excepted.
     
          (v)   In buildings that also contain housing
                accommodations subject to the City Rent Law,
                appropriate adjustments for both income and
                expenses will be made by the DHCR in order to
                calculate the pro rat a share for those housing
                accommodations subject to this application.
          
          (vi)  The DHCR shall set a rental value for any
                housing accommodation occupied by the owner or
                managing agent, a person related to, or an
                employee of the owner or managing agent, or
                unoccupied at the owner's choice for more than
                one month at the last legal regulated rent plus
                the minimum number of guidelines increases. If
                no such legal regulated rent existed or is
                known, the DHCR shall impute a rent equal to the
                average of rents for similar or comparable
                housing accommodations subject to this Code in
                the building during the test period.
     
          (vii) Each owner who files an application for a
                hardship rent increase shall be required to
                maintain all records as submitted with the
                subject application, and further be required to
                retain same for a period of three years after
                the effective date of the order.
          
          (viii)Each application under this subdivision shall be
                certified by the owner or his or her duly
                authorized agent as to its accuracy and
                compliance with this subdivision under the
                penalties of perjury.
          
          (ix)  The maximum amount of hardship increase to which
                an owner shall be entitled shall be the
                difference between the average annual net income
                for the three-year base period and the average
                annual net income for the three-year current
                period.
     
     (4)  Right of tenant to cancel lease where rent increase
          based upon hardship is granted. In the event that an
          order is issued increasing the legal regulated rent
          because of owner hardship, the tenant may within 30
          days of his or her receipt of a copy of the DHCR order,
          cancel his or her lease on 60 days' written notice to
          the owner. Until such tenant vacates, he or she
          continues in occupancy at the approved increase in
          rent.


(c)  ALTERNATIVE HARDSHIP.

As an alternative to the hardship application provided under
subdivision (b) of this section, owners of buildings, not owned
as cooperatives or condominiums, acquired by the same owner or a
related entity owned by the same principals three years prior to
the date of application, may apply to the DHCR, on forms
prescribed by the DHCR, for increases in excess of the level of
applicable guidelines increases established under the RSL, based
on a finding by the DHCR that such guidelines increases are not
sufficient to enable the owner to maintain an annual gross rent
income collectible for such building which exceeds the annual
operating expenses of such building by a sum equal to at least
five percent of such annual gross rent income collectible,
subject to the definitions and restrictions provided for herein.

     (1)  DEFINITIONS. The following terms shall mean:
     
          (i)   Annual gross rental income collectible shall
                consist of the actual income receivable per
                annum arising out of the operation and ownership
                of the property, including but not limited to
                rental from housing accommodations, stores,
                professional or business use, garages, parking
                spaces, and income from easements or air rights,
                washing machines, vending machines and signs,
                plus the rent calculated under subparagraph
                (2)(vi) of this subdivision.
          
                In ascertaining income receivable, the DHCR
                shall determine what efforts, if any, the owner
                has followed in collecting unpaid rent.
          
          (ii)  Operating expenses shall consist of the actual,
                reasonable costs of fuel, labor, utilities,
                taxes (other than income or corporate franchise
                taxes), fees (not including attorney's fees
                related to refinancing of the mortgage),
                permits, necessary contracted services and non
                capital repairs for which an owner is not
                eligible for an increase pursuant to this Part,
                insurance, parts and supplies, reasonable
                management fees, mortgage interest, and other
                reasonable and necessary administrative costs
                applicable to the operation and maintenance of
                the property.
          
          (iii) Mortgage interest shall be deemed to mean
                interest on that portion of the principal of an
                institutional or a bona fide mortgage, including
                an allocable portion of the charges related to
                the refinancing of the balance of an existing
                mortgage or a purchase-money mortgage. Criteria
                to be considered in determining a bona fide
                mortgage other than an institutional mortgage
                shall include, but shall not be limited to, the
                following: the condition of the property, the
                location of the property, the existing mortgage
                market at the time the mortgage is placed, the
                principal amount of the mortgage, the term of
                the mortgage, the amortization rate, security
                and other terms and conditions of the mortgage.
     
          (iv)  Institutional mortgage shall include a mortgage
                given to any insurance company, licensed by the
                State of New York or authorized to do business
                in the State of New York, or any commercial
                bank, trust company, savings bank or savings and
                loan association (which must be licensed under
                the laws of any jurisdiction within the United
                States and authorized to do business in the
                State of New York). The DHCR may determine in
                its discretion that any other mortgage issued by
                a duly licensed lending institution is an
                institutional mortgage.
          
          (v)   Owner's equity shall mean the sum of:
     
               (a)  the purchase price of the property less the
                    principal of any mortgage or loan used to
                    finance the purchase of the property;
               
               (b)  the cost of any capital improvement for which
                    the owner has not collected an increase in
                    rent less the principal of any mortgage or
                    loan used to finance said improvement;
               
               (c)  any repayment of the principal of any
                    mortgage or loan used to finance the purchase
                    of the property or any capital improvement
                    for which the owner has not collected an
                    increase in rent; and
     
               (d)  any increase in the equalized assessed value
                    of the property which occurred subsequent to
                    the first valuation of the property after
                    purchase by the owner.
     
          (vi)  Threshold income shall mean that annual gross
                rental income collectible for such building
                which exceeds the annual operating expense for
                such building by a sum equal to five percent of
                such annual gross rental income collectible.
     
          (vii) Test year shall mean any one of the following:
     
               (a)  the most recent calendar year (January 1st to
                    December 31st); or
          
               (b)  the most recent fiscal year (one year ending
                    on the last day of a month other than
                    December 31st, provided that books of account
                    are maintained and closed accordingly; or
               
               (c)  any 12 consecutive months ending within 90
                    days prior to the date of filing of the
                    hardship application. Such period must end on
                    the last day of a month. Nothing herein shall
                    prevent the DHCR from comparing and adjusting
                    expenses and income during the test year with
                    expenses and income occurring during the
                    three years prior to the date of application
                    in order to determine the reasonableness of
                    such expenses and income.

     (2)  RESTRICTIONS. No owner may file an application, nor may
          an owner be granted an increase in excess of the level
          of applicable guidelines increases, unless:
     
          (i)   the collection of any increase in the legal
                regulated rent for any housing accommodation
                pursuant to this subdivision shall not exceed
                six percent in any year from the effective date
                of the order granting the increase over the rent
                set forth in the schedule of gross rents, with
                collectibility of any dollar excess above said
                sum to be spread forward in similar increments
                and added to the legal regulated rent as
                established or set in future years;
          
          (ii)  if the building was previously granted a
                hardship increase, such increase must have
                become effective more than 36 months prior to
                the filing date of the application;
          
          (iii) the owner has resolved all regal objections to
                any real estate taxes and water and sewer
                charges for the test year. However, if there is
                a pending certiorari proceeding relating to the
                real estate tax expense for the test year, an
                owner may be permitted to file a hardship
                application. In such cases, the amount of real
                estate tax expense that will be recognized for
                purposes of the test year will be based upon the
                amount of proposed assessed value set forth by
                the owner in the certiorari petition; provided,
                however, that the owner submits proof of actual
                payment of all taxes due on the proposed
                assessed value, in accordance with applicable
                law. If after such tax objection is resolved,
                the owner's actual and reasonable tax expense
                allocable to the test year exceeds the amount
                the DHCR used in determining the hardship
                application, an additional increase may be
                granted prospectively by the DHCR in its
                discretion. The DHCR may also, in its
                discretion, accept reasonable alternatives as to
                unresolved water and sewer charges;
     
          (iv)  the DHCR shall not grant an owner an increase as
                provided, in whole or in part, if it is
                determined prior to the granting of approval to
                collect an increase pursuant to this subdivision
                that the owner is not maintaining all required
                services or there are current immediately
                hazardous violations of any municipal, county,
                State or Federal law which relate to the
                maintenance of such services. However, as
                determined by the DHCR, where the DHCR
                determines that insufficient income is the cause
                of such failure to maintain required services,
                hardship increases may be granted upon condition
                that such services will be restored within a
                reasonable time, and certain tenant-caused
                violations may be excepted;
          
          (v)   in buildings that also contain housing
                accommodations subject to the City Rent Law,
                appropriate adjustments for both income and
                expenses will be made by the DHCR in order to
                calculate the pro rata share for those housing
                accommodations subject to this application;
          
          (vi)  the DHCR shall set a rental value for any
                housing accommodation occupied by the owner or
                managing agent, or a person related to, or an
                employee of the owner or managing agent, or
                unoccupied at the owner's choice for more than
                one month at the last regulated rent plus the
                minimum number of guidelines increases or, if no
                such regulated rent existed or is known, the
                DHCR shall impute a rent equal to the average of
                rents for similar or comparable housing
                accommodations subject to this Code in the
                building during the test year;
          
          (vii) each owner who files an application for a
                hardship rent increase shall be required to
                maintain all records as submitted with the
                subject application, and further be required to
                retain same for a period of three years after
                the effective date of the order;
     
          (viii)each application under this subdivision shall be
                certified by the owner or his or her duly
                authorized agent as to its accuracy and
                compliance with this subdivision, under the
                penalty of perjury;
          
          (ix)  the annual gross rent income collectible for the
                test year does not exceed the annual operating
                expenses of such building by a sum equal to at
                least five percent of such annual gross rental
                income collectible;
          
          (x)   the owner or a related entity owned by the same
                principals acquired the building at least 36
                months prior to the date of application. A
                cooperative corporation or the board of managers
                of a condominium association shall not be
                considered the owner of the building, nor are
                individual shareholders or unit owners building
                owners for the purpose of eligibility for the
                alternative hardship, and as such are not
                permitted to file alternative hardship
                applications:
          
          (xi)  the owner's equity in the building exceeds five
                percent of the sum of:
     
               (a)  the arm's-length purchase price of the
                    property;
               
               (b)  the cost of any capital improvements for
                    which the owner has not collected an increase
                    in rent pursuant to paragraph (a)(2) of this
                    section;
               
               (c)  any repayment of principal of any mortgage or
                    loan used to finance the purchase of the
                    property or any capital improvements for
                    which the owner has not obtained an
                    adjustment in rent pursuant to paragraph
                    (a)(2) of this section; and
               
               (d)  any increase in the equalized assessed value
                    of the property which occurred subsequent to
                    the first valuation of the property after
                    purchase by the owner; and
     
          (xii) the maximum amount of hardship increase to which
                an owner shall be entitled shall be the
                difference between the threshold income and the
                annual gross rent income collectible for the
                test year.

     (3)  RIGHT OF TENANT TO CANCEL LEASE WHERE RENT INCREASE
          BASED UPON HARDSHIP IS GRANTED. In the event that an
          order is issued increasing the legal regulated rent
          because of owner hardship, the tenant may within 30
          days of his or her receipt of a copy of the DHCR order,
          cancel his or her lease on 60 days' written notice to
          the owner. Until such tenant vacates, he or she
          continues in occupancy at the approved increase in
          rent.


(d)  An owner may file an application to decrease required
     services for a reduction of the legal regulated rent on
     forms prescribed by the DHCR on the grounds that:

     (1)  the owner and tenant, by mutual voluntary written
          agreement, consent to a decrease in dwelling space, or
          a decrease in the services, furniture, furnishings or
          equipment provided in the housing accommodation; or
     
     (2)  such decrease is required for the operation of the
          building in accordance with the specific requirements
          of law; or
     
     (3)  such decrease is not inconsistent with the RSL or this
          Code.
     
     No such reduction in rent or decrease in services shall take
     place prior to the approval by the DHCR of the owner's
     application, except that a service decrease pursuant to
     paragraph (2) of this subdivision may take place prior to
     such approval.


(e)  An owner may file an application to modify or substitute
     required services, at no change in the legal regulated rent,
     on forms prescribed by the DHCR on the grounds that:

     (1)  the owner and tenant, by mutual voluntary written
          agreement, consent to a modification or substitution of
          the required services provided in the housing
          accommodation;
     
     (2)  such modification or substitution is required for the
          operation of the building in accordance with the
          specific requirements of law; or
     
     (3)  such modification or substitution is not inconsistent
          with the RSL or this Code.
     
          No such modification or substitution of required
          services shall take place prior to the approval of the
          owner's application by the DHCR, except that a service
          modification or substitution pursuant to paragraph (2)
          of this subdivision may take place prior to such
          approval.

(f)  Pursuant to section 452(7) of the PHFL, as an alternative to
     the rental adjustments for which an owner may file an
     application under subdivision (a) of this section, upon the
     completion of the rehabilitation of a multiple dwelling
     which is aided by a loan made pursuant to article VIII-A of
     the PHFL, HPD may adjust the rent for each housing
     accommodation within the multiple dwelling pursuant to such
     law.

     Any work required pursuant to or as a condition of an
     article VIII-A loan for which a rent adjustment is granted
     under section 452(7) of the PHFL is not eligible for an
     increase pursuant to paragraph (a)(2) or (3) of this
     section.


Sec. 2522.5. LEASE AGREEMENTS.

(a)  VACANCY LEASE OR RENTAL.

     (1)  For housing accommodations other than hotels, upon the
          renting of a vacant housing accommodation, the owner
          shall provide to the tenant a copy of the fully
          executed lease for a one- or two-year term, at the
          tenant's option (except where a mortgage or mortgage
          commitment existing as of April 1, 1969 prohibits the
          granting of one-year lease terms), bearing the
          signature of the owner and tenant and the beginning and
          ending dates of the lease term, within 30 days from the
          owner's receipt of the vacancy lease signed by the
          tenant. Such lease shall conform to the intent of
          section 5-702 of the General Obligations Law (plain
          English). The rent provided therein may not exceed the
          last legal regulated rent in addition to all increases
          authorized by this Code. For a housing accommodation
          subject to the City Rent Law which becomes vacant after
          March 31, 1984, the owner may not increase the rent
          charged in the initial lease or other rental agreement
          pursuant to annual guidelines for a period of one year
          or until the expiration date of the initial lease or
          rental agreement, whichever is later.
     
     (2)  For housing accommodations in hotels rented to an
          occupant who has never had a lease, such occupant may
          at any time during his or her occupancy request a lease
          and the owner must, within 15 days after such request,
          grant a lease commencing on the date such request was
          made at a rent which does not exceed the legal
          regulated rent, for a term of at least six months. The
          hotel occupant who requests such a lease becomes a
          permanent tenant but the lease need not be renewed.
          Notwithstanding the above, an owner shall not refuse to
          grant a lease or to extend or continue a tenancy in
          order to prevent the hotel occupant from becoming a
          permanent tenant, except to the extent that the owner
          may be permitted to do so by law pursuant to a warrant
          of eviction, or other order of a court of competent
          jurisdiction, or a governmental vacate order.

     (3)  In addition, where a hotel occupant has not requested a
          lease, an owner shall not refuse to extend or continue
          a tenancy solely in order to prevent the hotel occupant
          from becoming a permanent tenant.

(b)  RENEWAL LEASE

     (1)  For housing accommodations other than hotels, upon such
          notice as is required by section 2523.5 of this Title,
          the tenant shall have the right of selecting at his or
          her option a renewal of his or her lease for a one- or
          two-year term; except that where a mortgage or a
          mortgage commitment existing as of April 1, 1969
          prohibits the granting of one-year lease terms or the
          tenant is the recipient of a Senior Citizen Rent
          Increase Exemption pursuant to section 26-509 of the
          Administrative Code of the City of New York, the tenant
          may not select a one-year lease. The owner shall
          furnish to the tenant signing a renewal lease form,
          pursuant to section 2523.5 of this Title, a copy of the
          fully executed renewal lease form, bearing the
          signatures of the owner and tenant, and the beginning
          and ending dates of the lease term, within 30 days from
          the owner's receipt of the renewal lease form signed by
          the tenant. Such renewal lease form shall conform to
          the intent of section 5-702 of the General Obligations
          Law.
     
     (2)  Upon complaint by the tenant that he or she was not
          served with a copy of the fully executed vacancy lease
          or renewal lease form pursuant to paragraph (1) of
          subdivision (a) or paragraph (1) of this subdivision,
          the DHCR shall order the owner to furnish the copy of
          the vacancy lease or renewal lease form. In addition to
          any other penalties provided under this Code,
          noncompliance by the owner within 20 days of such order
          shall result in the denial of any rent guideline
          increases for vacancy or renewal leases until the fully
          executed copy of the vacancy lease or renewal lease
          form is furnished by the owner to the tenant.

(c)  LEASE RIDER AND NOTICE OF RIGHTS.

     (1)  For housing accommodations subject to this Code, an
          owner shall furnish to each tenant signing a vacancy or
          renewal lease, a rider in a form promulgated or
          approved by the DHCR, in larger type than the lease,
          describing the rights and duties of owners and tenants
          as provided for under the RSL. Such rider shall conform
          to the plain English requirements of section 5-702 of
          the General Obligations Law, shall also be available in
          Spanish, and shall be attached as an addendum to the
          lease. Upon the face of each lease, in bold print,
          shall appear the following: "ATTACHED RIDER SETS FORTH
          RIGHTS AND OBLIGATIONS OF TENANTS AND LANDLORDS UNDER
          THE RENT STABILIZATION LAW." ("LOS DERECHOS Y
          RESPONSABILIDADES DE INQUILINOS Y CASEROS ESTAN
          DISPONIBLE EN ESPANOL").

          (i)  For vacancy leases, such rider shall in addition
               also include a notice of the prior legal regulated
               rent, if any, which was in effect immediately
               prior to the vacancy, an explanation of how the
               rental amount provided for in the vacancy lease
               has been computed above the amount shown in the
               most recent annual registration statement, and a
               statement that any increase above the amount set
               forth in such registration statement is in
               accordance with the adjustments permitted by the
               Rent Guidelines Board and this Code.
          
          (ii) For renewal leases, such rider shall be attached
               to the form sent to the tenant pursuant to section
               2523.5 of this Title.

     (2)  For housing accommodations in hotels, each owner shall
          furnish to each person, at the time of registration, a
          Notice of Rights in a form promulgated or approved by
          the DHCR, describing the rights and duties of hotel
          owners, occupants and tenants as provided for under the
          RSL and this Code and a hotel occupant's right to
          become a permanent tenant at a legal regulated rent by
          requesting a lease for a term of at least six months at
          any time during his or her occupancy. Such notice,
          which shall conform to the "plain English" requirements
          of section 5-702 of the General Obligations Law, shall
          also be available in Spanish. Such notice shall be
          provided to each hotel occupant in residence on the
          effective date of this Code no later than 90 days from
          such effective date. An owner who violates the RSL and
          this Code by failing to furnish this Notice of Rights,
          and/or by engaging in any conduct which compels a
          person to rent as a hotel occupant, prevents a hotel
          occupant from becoming a permanent tenant, or results
          in a hotel occupant vacating a housing accommodation,
          shall be subject to a loss of a guidelines adjustment
          pursuant to paragraph (3) of this subdivision as well
          as penalties pursuant to section 2526.2(b) and (c)(1)
          of this Title, and may be subject to a penalty pursuant
          to section 2526.2(c)(2) of this Title, in an amount no
          less than $1,000.

     (3)  Upon complaint by the tenant, permanent tenant or hotel
          occupant that he or she was not furnished with a copy
          of the lease rider pursuant to paragraph (1) or the
          notice pursuant to paragraph (2) of this subdivision,
          the DHCR shall order the owner to furnish the rider or
          notice. In addition to such other penalties provided
          for pursuant to section 2526.2 of this Title, if the
          owner fails to comply within 20 days of such order, the
          owner shall not be entitled to collect any guidelines
          lease adjustment authorized for any current lease from
          the commencement date of such lease. The furnishing of
          the rider or notice by the owner to the tenant or hotel
          occupant shall result in the elimination,
          prospectively, of such penalty. With respect to housing
          accommodations in hotels, noncompliance by the owner
          shall not prevent the hotel occupant from becoming a
          permanent tenant.

(d)  LIMITATIONS.

     No provision may be made in any vacancy or renewal lease for
     adjustment of the legal regulated rent reserved in the lease
     except as follows:

     (1)  if the applicable rent guidelines rate has not been
          fixed by the execution date of the vacancy lease or the
          renewal offer, the lease may make provision for the
          rent increase, if any, pursuant to the said rate when
          filed, to become effective as of the commencement date
          of the lease term, unless the Rent Guidelines Board
          shall have fixed a later effective date for the said
          rate, in which event the adjustment may only be
          effective as of the later date;
     
     (2)  where such lease provides that the rental reserved
          therein may be increased pursuant to an order issued by
          the DHCR; or
     
     (3)  where such lease provides that a rent increase shall be
          in the amount, if any, authorized by the DHCR in the
          event an application is filed to establish a hardship
          pursuant to section 2522.4(b) or (c) of this Part; and
     
     (4)  in the case of a vacancy lease, where an application
          for a rent adjustment pursuant to section 2522.4(a)(2)
          or (3), (b) or (c) of this Part is pending before the
          DHCR, such lease also recites that such application is
          pending before the DHCR and the basis for the
          adjustment, and that the increase which is the subject
          of such application, if granted, may be effective
          during the term of the lease.

(e)  ESCALATOR CLAUSES.

     (1)  Regardless of whether an escalator clause was contained
          in the last effective lease or other rental agreement
          prior to April 1, 1984, no renewal lease or vacancy
          lease commencing on or after April 1, 1984 shall
          provide for any escalator clause, except that nothing
          herein shall prohibit the use of escalator clauses
          otherwise required by any other statute or regulation
          affecting the housing accommodation.
     
     (2)  For buildings receiving benefits pursuant to section
          421-a of the Real Property Tax Law and the regulations
          promulgated pursuant thereto, such clauses may provide
          for an annual or other periodic rent increase over the
          initial rent at an average rate of not more than 2.2
          percent of the amount of such initial rent per annum
          not to exceed the maximum cumulative amount, if any,
          permitted under the 421-a program rules and
          regulations. After the tax benefits end, such
          additional 2.2 percent charges shall no longer be added
          but the owner may continue to collect the cumulative
          2.2 percent increases charged prior to the termination
          of said tax benefits. Any lease containing the
          aforementioned provision shall also include a rider
          with an endorsement signed by the tenant acknowledging
          the owner's right to include such provision and to
          collect such rent increase for the tax benefit period.
          Such rider shall state the approximate date of the
          expiration of such tax benefits.

     (3)  Nothing in paragraph (2) of this subdivision shall
          prohibit the inclusion of a lease provision for an
          annual or other periodic rent increa