Pursuant to the Rent Act of 2015, the deregulation threshold for high rent vacancy decontrol increases by the amount of the one-year guideline. As a result of the 1.5% increase for one-year leases enacted by the City Rent Guidelines Board (RGB) on June 26, 2018, the threshold increased to $2,774.75 effective January 1, 2019 for New York City rent-stabilized apartments.
The Deregulation Rent Threshold (DRT) for 2019 for counties outside of New York City are as follows: $2,774.89 for Nassau County, $2,733.75 for Rockland County, $2,830.21 for Westchester County ($2,803.86 if the tenant pays for heat or hot water), $2,774.72 for the Village of Ossining ($2,759.70 if the tenant pays for heat or hot water).
DHCR has posted the 2019 Notice of Apartment Deregulation Pursuant to High Rent Vacancy form on their website. You can find it by visiting https://bit.ly/2FJHwRG.
For any questions with regard to high rent vacancy decontrol, contact RSA at (212) 214-9200.