N.Y. Comp. Codes R. & Regs. tit. 9 § 2202.25

Current through Register Vol. 46, No. 51, December 18, 2024
Section 2202.25 - Rent adjustments upon succession

Where all tenants occupying a housing accommodation on June 19, 1997 have permanently vacated such housing accommodation, and a primary-resident family member of such vacating tenant or tenants (first successor) is entitled to and continues to occupy the housing accommodation subject to the protections of this Subchapter, as provided in section 2204.6 of this Title, and thereafter permanently vacates, as defined in section 2204.6 of this Title, the housing accommodation, if such accommodation continues to be subject to the Rent Law and this Subchapter after such first successor vacates, and a primary-resident family member (second successor) is entitled to and continues to occupy the housing accommodation subject to the protections of this Subchapter, as provided in section 2204.6 of this Title, the maximum collectable rent shall be increased by a sum equal to the allowance then in effect for vacancy leases for housing accommodations subject to the Rent Stabilization Law of Nineteen Hundred Sixty-Nine, including the amount allowed by paragraph 5-a of subdivision c of section 26-511 of such Law. Such increase shall be in addition to any other increases provided for in this Subchapter, including adjustments pursuant to section 2202.4 of this Part, and shall be applicable in like manner to the maximum collectible rent that may be charged each second subsequent succeeding family member.

N.Y. Comp. Codes R. & Regs. Tit. 9 § 2202.25

Amended New York State Register November 8, 2023/Volume XLV, Issue 45, eff. 11/8/2023