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New York City Rent Guidelines Board
Rent Guidelines Order No. 36
For leases commencing between October 1, 2004 through September 30, 2005
Renewal Guidelines – Owner Provides Heat
One-year lease...............................3.5%
Two-year lease...............................6.5%
Renewal Guidelines – Tenant Pays For Heat
One-year lease...............................3.0%
Two-year lease...............................6.0%
No Supplemental Adjustment
Vacancy Allowance
Only as permitted by State statutory vacancy allowances*:
One-year lease...............................17%
Two-year lease...............................20%
Vacancy allowance for sublets..............................10%
*See page 9 of July/August RSA Reporter
for State statutory vacancy allowance calculations.
Special Guideline For Decontrolled Units Entering Stabilization
50% Above Maximum Base Rent; or,
the appropriate Fair Market Rent for Section 8 housing as established by
HUD for the New York City PMSA adjusted for gas and electric charges, whichever is greater. |