Tenant's Initial Rent Was Above Deregulation Threshold
LVT Number: #27972
Landlord applied for high-rent/high-income deregulation of tenant's rent-stabilized apartment in 2016. The DRA ruled against landlord. Because there had been a vacancy and the apartment rent now exceeded the $2,700 threshold amount for luxury deregulation, high-rent/high-income deregulation provisions didn't apply. Landlord appealed, requesting clarification. The DHCR denied the PAR. The initial legal registered rent for the apartment was $3,700 per month when tenant moved in. The DRA's order clearly explained the grounds for terminating the proceeding and no further clarification was needed.
Mayflower Development Corp.: DHCR Adm. Rev. Docket No. EV410035RO (8/16/17) [3-pg. doc.]
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