9 CRR-NY 2211.5NY-CRR

STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 9. EXECUTIVE DEPARTMENT
SUBTITLE S. DIVISION OF HOUSING AND COMMUNITY RENEWAL
CHAPTER VII. EMERGENCY HOUSING RENT CONTROL
SUBCHAPTER D. RENT AND EVICTION REGULATIONS—NEW YORK CITY
PART 2211. PROCEDURES FOR HIGH INCOME RENT DECONTROL
9 CRR-NY 2211.5
9 CRR-NY 2211.5
2211.5 Determination by Department of Taxation and Finance (DTF).
If the DTF determines that the total annual income is in excess of $250,000, $175,000, or $200,000 in each of the two preceding calendar years, whichever applies as rovided in section 2211.2 of this Part, the city rent agency shall, on or before November 15th of the year in which DTF makes such determination, notify the landlord and tenants of the results of such verification. Both the landlord and the tenants shall have 30 days within which to comment on such verification results. Within 45 days after the expiration of the comment period, the city rent agency shall, where appropriate, issue an order providing that such housing accommodation shall not be subject to the provisions of the Rent Law and this Subchapter as of the first day of March in the year next succeeding the filing of the OPD with the city rent agency. A copy of such order shall be mailed by regular and certified mail, return receipt requested, to the tenant or tenants and a copy thereof shall be sent to the landlord. Where the DTF determines that the income threshold has not been met, the city rent agency shall issue an order denying the OPD. If the DTF cannot ascertain whether the threshold has been met, the city rent agency may issue an order denying the OPD, or request additional information.
9 CRR-NY 2211.5
Current through September 15, 2021
End of Document

IMPORTANT NOTE REGARDING CONTENT CURRENCY: The "Current through" date indicated immediately above is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Administrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of NYS Rules.