![]() |
New York Codes Rules Regulations (Last Updated: March 27,2024) |
![]() |
TITLE 9. Executive Department |
![]() |
Subtitle S. Division of Housing and Community Renewal |
![]() |
Chapter VIII. Rent Stabilization Regulations |
![]() |
Subchapter A. Emergency Tenant Protection Regulations |
![]() |
Part 2502. Adjustments |
Sec. 2502.2. Effective date of adjustment of rents
Latest version.
- Except with regard to increases pursuant to section 2502.4(a)(2)(ii), (iii) and (iv) of this Part, where the legal regulated rent shall be adjusted effective the first rent payment date occurring 30 days after the filing of the application, the legal regulated rent shall be adjusted effective the date of issuance of an order by the division, unless otherwise set forth in the order, or on the effective date of a lease or other rental agreement providing for the rent guidelines board annual rate of adjustment as filed with the division and as provided for in section 2502.5 of this Part. Adjustments shall also be made upon vacancy or succession as provided in section 2502.7 of this Part, or upon improvements to an individual housing accommodation qualifying for a rent increase pursuant to section 2502.4(a)(2)(i) of this Part.