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Rent Guidelines Board Order Number 42 for leases commencing between October 1, 2010 and September 30, 2011Where Heat is Provided by the Owner: For a one-year renewal lease : 2.25%For a two-year renewal lease : 4.5%Sublet surcharge of 10% Under State law, vacancy increases remain 20% for two year vacancy leases, 17% for one year leases. Add .6% per year if the last vacancy was more than eight years ago. For rents starting under $300, there is a $100 bonus. Between $300 and $500, the increase is the greater of the percentage increase or $100. The renewal guidelines do not apply on vacancy. Statutory vacancy allowance
Rent Guidelines Board Order Number 41 for leases commencing between October 1, 2009 and September 30, 2010Where Heat is Provided by the Owner: For a one-year renewal lease : 3%For a two-year renewal lease : 6%If the most recent vacancy lease was executed six years or more prior to the date of the renewal lease under this Order, the following shall instead apply:For a one-year renewal lease : 3% or $30, whichever is greater.For a two-year renewal lease : 6% or $60, whichever is greater.Where heat is Not Required to be Provided by the owner: For a one-year renewal lease : 2.5%For a two-year renewal lease : 5%If the most recent vacancy lease was executed six years or more prior to the date of the renewal lease under this Order, the following shall instead apply: For a one-year renewal lease : 2.5% or $25, whichever is greater.For a two-year renewal lease : 5% or $50, whichever is greater.There is no low rent supplement Sublet surcharge of 10% Under State law, vacancy increases remain 20% for two year vacancy leases, 17% for one year leases. Add .6% per year if the last vacancy was more than eight years ago. For rents starting under $300, there is a $100 bonus. Between $300 and $500, the increase is the greater of the percentage increase or $100. The renewal guidelines do not apply on vacancy. Statutory vacancy allowance
Rent Guidelines Board Order Number 40 for leases commencing between October 1, 2008 and September 30, 2009Where Heat is Provided by the Owner: For a one-year renewal lease : 4.5%For a two-year renewal lease : 8.5%If the most recent vacancy lease was executed six years or more prior to the date of the renewal lease under this Order, the following shall instead apply:For a one-year renewal lease : 4.5% or $45, whichever is greater.For a two-year renewal lease : 8.5% or $85, whichever is greater.Where heat is Not Required to be Provided by the owner: For a one-year renewal lease : 4.0%For a two-year renewal lease : 8.0%If the most recent vacancy lease was executed six years or more prior to the date of the renewal lease under this Order, the following shall instead apply: For a one-year renewal lease : 4.0% or $40, whichever is greater.For a two-year renewal lease : 8.0% or $80, whichever is greater.Adjustments for renewal leases shall also apply to dwelling units in a structure subject to the partial tax exemption program under Section 421a of the Real Property Tax Law, or in a structure subject to Section 423 of the Real Property Tax Law as a Redevelopment Project. There is no low rent supplement Sublet surcharge of 10% Under State law, vacancy increases remain 20% for two year vacancy leases, 17% for one year leases. Add .6% per year if the last vacancy was more than eight years ago. For rents starting under $300, there is a $100 bonus. Between $300 and $500, the increase is the greater of the percentage increase or $100. The renewal guidelines do not apply on vacancy. Statutory vacancy allowance
Rent Guidelines Board Order Number 39 for leases commencing between October 1, 2007 and September 30, 2008One Year Renewal Leases: 3.% There is no low rent supplement Sublet surcharge of 10% Under State law, vacancy increases remain 20% for two year vacancy leases, 17% for one year leases. Add .6% per year if the last vacancy was more than eight years ago. For rents starting under $300, there is a $100 bonus. Between $300 and $500, the increase is the greater of the percentage increase or $100. The renewal guidelines do not apply on vacancy. Statutory vacancy allowance
Rent Guidelines Board Order Number 38 for leases commencing between October 1, 2006 and September 30, 2007One Year Renewal Leases: 4.25% (If Tenant supplies their
own heat then 3.75%) There is no low rent supplement Sublet surcharge of 10% Under State law, vacancy increases remain 20% for two year
vacancy leases, 17% for one year leases. Add .6% per year if the last
vacancy was more than eight years ago. For rents starting under $300,
there is a $100 bonus. Between $300 and $500, the increase is the greater of the
percentage increase or $100. The renewal guidelines do not apply on
vacancy.
Rent Guidelines Board Order Number 37 for leases commencing between October 1, 2005 and September 30, 2006One Year Renewal Leases: 2.75% (If Tenant supplies their
own heat then 2.25%) There is no low rent supplement Sublet surcharge of 10% Under State law, vacancy increases remain 20% for two year
vacancy leases, 17% for one year leases. Add .6% per year if the last
vacancy was more than eight years ago. For rents starting under $300,
there is a $100 bonus. Between $300 and $500, the increase is the greater of the
percentage increase or $100. The renewal guidelines do not apply on
vacancy.
Rent Guidelines Board Order Number 36 for leases commencing between October 1, 2004 and September 30, 2005One Year Renewal Leases: 3.5% (If Tenant supplies their
own heat then 3%) There is no low rent supplement Sublet surcharge of 10% Under State law, vacancy increases remain 20% for two year
vacancy leases, 17% for one year leases. Add .6% per year if the last
vacancy was more than eight years ago. For rents starting under $300,
there is a $100 bonus. Between $300 and $500, the increase is the greater of the
percentage increase or $100. The renewal guidelines do not apply on
vacancy.
Rent Guidelines Board Order Number 35 for leases commencing between October 1, 2003 and September 30, 2004One Year Renewal Leases: 4.5% There is no low rent supplement Sublet surcharge of 10% Under State law, vacancy increases remain 20% for two year
vacancy leases, 17% for one year leases. Add .6% per year if the last
vacancy was more than eight years ago. For rents starting under $300,
there is a $100 bonus. Between $300 and $500, the increase is the greater of the
percentage increase or $100. The renewal guidelines do not apply on
vacancy.
Rent Guidelines Board Order Number 34 for leases commencing between October 1, 2002 and September 30, 2003One Year Renewal Leases: 2% There is no low rent supplement Sublet surcharge of 10% Under State law, vacancy increases remain 20% for two year
vacancy leases, 18% for one year leases. Add .6% per year if the last
vacancy was more than eight years ago. For rents starting under $300,
there is a $100 bonus. Between $300 and $500, the increase is the greater of the
percentage increase or $100. The renewal guidelines do not apply on
vacancy.
Rent Guidelines Board Order Number 33 for leases commencing between October 1, 2001 and September 30, 2002
One Year Renewal Leases: 4% There is no low rent supplement Sublet surcharge of 10% Under State law, vacancy increases remain 20% for two year
vacancy leases, 18% for one year leases. Add .6% per year if the last
vacancy was more than eight years ago. For rents starting under $300,
there is a $100 bonus. Between $300 and $500, the increase is the greater of the
percentage increase or $100. The renewal guidelines do not apply on
vacancy.
Rent Guidelines Board Order Number 32 for leases commencing between October 1, 2000 and September 30, 2001One Year Renewal Leases: 4% A Low Rent Supplement of $15 for rents starting at $500 or less, with no caps, and a minimum rent of $215. Sublet surcharge of 10% Under State law, vacancy increases remain 20% for two year vacancy leases, 18% for one year leases. Add .6% per year if the last vacancy was more than eight years ago. For rents starting under $300, there is a $100 bonus. Between $300 and $500, the increase is the greater of the percentage increase or $100. The renewal guidelines do not apply on vacancy.
Rent Guidelines Board Order Number 31 for leases commencing between October 1, 1999 and September 30, 2000One Year Renewal Leases: 2% A Low Rent Supplement of $15 for rents starting at $500 or less, with no caps, and a minimum rent of $215. Under State law, vacancy increases remain 20% for two year vacancy leases, 18% for one year leases. Add .6% per year if the last vacancy was more than eight years ago. For rents starting under $300, there is a $100 bonus. Between $300 and $500, the increase is the greater of the percentage increase or $100. The renewal guidelines do not apply on vacancy.
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