Rent Based on MBR Plus Special Guidelines Amount
LVT Number: 8730
Tenant filed a fair market rent appeal. The DRA ruled against tenant, and he appealed. The DHCR ruled against tenant. Tenant's first stabilized rent in February 1977 was $625. The 1976 MBR for the apartment was $546.95. Multiplying the MBR by the 15 percent special guideline in effect in early 1977 yielded a fair market rent of $628.99, which was more than landlord charged. It was irrelevant that prior rent-controlled tenant's last rent paid was less than $300. The MBR is the amount used under the Rent Stabilization Code to calculate the fair market rent. The MBR is calculated every two years for rent-controlled apartments and generally represents the highest rent amount a rent- controlled tenant could be charged. It's often higher than the MCR actually paid.
17 West 71st Street, Apt. 9A: DHCR Adm. Rev. Dckt. No. DH 410387-RT (3/18/94) [3-page document]
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