DHCR - Rent Guideline Board Order 52

New Guidelines For Rent Increases In Rent Regulated Units

As a result of the Covid-19 pandemic, DHCR has issued temporary rent renewal guidelines for leases issued in 2021.

NEW RENT GUIDELINES

One-year lease: 0%

Two-year lease: 0% for year one, 1% increase for year two

Special Guideline Maximum Base Rent (MBR) + 39%

No sublet allowance

For more information, click here to visit the RGB’s website.

In order to accommodate the escalating increase for the second year of the lease, DHCR has issued a new renewal lease form, Renewal Lease Form (RTP-8). Although the new form was created to accommodate RGB Order No. 52, it is now the most recent DHCR Renewal Lease Form and should be used for all renewal leases going forward.