Landlord Gets Hardship Increase

March 1, 2003

LVT Number: 16400

(Decision submitted by James R. Marino of the Manhattan law firm of Kucker & Bruh, LLP, attorneys for the landlord.) Landlord applied for a hardship rent increase for a rent-controlled apartment. The DRA ruled for landlord. The DRA increased tenant's maximum rent to a level that would equal landlord's calculated expenses for the test year and with 7.5 percent increases annually after that so that landlord could get an 8.5 percent return on the valuation of its property. Tenant appealed. The DHCR ruled against tenant.

(Decision submitted by James R. Marino of the Manhattan law firm of Kucker & Bruh, LLP, attorneys for the landlord.) Landlord applied for a hardship rent increase for a rent-controlled apartment. The DRA ruled for landlord. The DRA increased tenant's maximum rent to a level that would equal landlord's calculated expenses for the test year and with 7.5 percent increases annually after that so that landlord could get an 8.5 percent return on the valuation of its property. Tenant appealed. The DHCR ruled against tenant. Landlord proved its claimed expenses and had corrected building violations.

Rodriguez: DHCR Adm. Rev. Dckt. No. OF420005RT (2/11/03) [3-pg. doc.]

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