NOTIFICATION:DHCR has promulgated a new Fact Sheet #26 Guide to Rent Increases for Rent Stabilized Apartments.Pursuant to the Fact Sheet (1st page under Vacancy Lease) an owner is entitled to one or two year rent guideline increase when a new tenant signs a vacancy lease.

Welcome to the website of Gutman, Mintz, Baker & Sonnenfeldt LLP, The website provides our clients with up to date information regarding their buildings and tenants. DRIE TENANT UPDATE

NYC Rent Guidelines #50: Rent increases for APT/Loft leases commencing on or after Oct 1 18 - Sept 30 19 For a 1-year renewal lease: 1.5% For a 2-year renewal lease: 2.5% Statutory Vacancy Lease Increases Sublet Allowance 10% Hotel and SRO’s: 0% Increase