This is for rent stab units only.
As many know, this year the Rent Guidelines Board issued a bifurcated rent increase for all one-year leases commencing between 10/1/21 and 9/30/22.
For the first six months of a one-year renewal lease, there is no increase whatsoever. It's Zero percent. But the second 6 months will see an increase of 1.5%. See the official RGB order at https://rentguidelinesboard.cityofnewyo ... -order-53/
This new DHCR renewal lease form appears to conform to the RGB order. As with all RTP-8 forms, the tenant should read the reverse page very carefully. When landlords skip the deadline for offering a renewal lease, that's when they start playing games. Do NOT let them backdate a lease.
See the new form at https://hcr.ny.gov/system/files/documen ... llable.pdf