9 CRR-NY 2522.7NY-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 VIII. RENT STABILIZATION REGULATIONS
SUBCHAPTER B. RENT STABILIZATION CODE
PART 2522. RENT ADJUSTMENTS
9 CRR-NY 2522.7
9 CRR-NY 2522.7
2522.7 Consideration of equities.
In issuing any order adjusting or establishing any legal regulated rent, or in determining when a higher or lower legal regulated rent shall be charged pursuant to an agreement between the DHCR and governmental agencies or public benefit corporations, the DHCR shall take into consideration all factors bearing upon the equities involved, subject to the general limitation that such adjustment, establishment or determination can be put into effect with due regard for protecting tenants and the public interest against unreasonably high rent increases inconsistent with the purposes of the RSL, for preventing imposition upon the industry of any industry-wide schedule of rents or minimum rents, and for preserving the regulated rental housing stock.
9 CRR-NY 2522.7
Current through September 15, 2021
End of Document