MCI Rent Hike Granted Despite Prior Pointing Work

Landlord applied for MCI rent hikes based on pointing and waterproofing. The DRA ruled against landlord because pointing and waterproofing had been done 14.5 years previously. This was less than the 15-year useful-life requirement for prior work. Landlord appealed and won. Landlord requested a waiver of the useful-life requirement and pointed out that serious leak conditions made it impractical to wait another six months to perform the MCI. And landlord didn't get an MCI rent hike for the prior pointing work. That application was denied in 1996 because the work was done on only a small portion of the building in connection with a balcony restoration project.

50 Yonkers Terrace: DHCR Adm. Rev. Docket No. YD910016RO (1/6/11) [4-pg. doc.]