Landlord Gets Alternative Hardship Rent Increase

Landlord of rent-stabilized building applied for alternative hardship rent increases. The DRA ruled for landlord and ordered rent increases of $15.83 per room per month. Landlord appealed, claiming that the DRA made errors in adjustments to the claimed income and expenses. The DHCR ruled for landlord in part. The DRA should have included SCRIE and J-51 tax abatements totalling $5,327 to the real estate tax expense category of owner expenses. This sum was added to the adjusted operating expense for the building, and the total monthly rent increase was $21.14 per room.

64 Vermilyea Ave: DHCR Adm. Rev. Docket No. BV410049RO (9/3/14) [4-pg. doc.]