Increase Based on Full Contract Price

July 31, 2001

LVT Number: 15147

Landlord applied for MCI rent hikes based on pointing. The DRA ruled for landlord, but gave landlord an increase based only on proof of payment at the time of the order, not the total contract price. Landlord appealed. The contract for the work specifically allowed for installment payments after completion of the work, and landlord had submitted proof of the later payments. The DHCR ruled for landlord. The DHCR's policy permits an MCI increase based on the full contract price when the contract allows for installment payments after the work is completed.

Landlord applied for MCI rent hikes based on pointing. The DRA ruled for landlord, but gave landlord an increase based only on proof of payment at the time of the order, not the total contract price. Landlord appealed. The contract for the work specifically allowed for installment payments after completion of the work, and landlord had submitted proof of the later payments. The DHCR ruled for landlord. The DHCR's policy permits an MCI increase based on the full contract price when the contract allows for installment payments after the work is completed.

Tsantes: DHCR Adm. Rev. Dckt. No. PB130017RO (5/8/01)

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