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How should an Owner Apply for a Rent Increase?

increase owner rent
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How should an Owner Apply for a Rent Increase?

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Owners may apply to HPD to increase rents in accordance with New York housing laws and regulations. Rent increase requests should be sent to: Department of Housing Preservation and Development (HPD) Rent Subsidies Unit, Attn: Rent Increase 100 Gold Street, Room 1-M11 New York, NY 10038 Rents requested must be reasonable. Owners may not charge Section 8 tenants more rent than non-subsidized tenants. Rent increase requests must show that rents for Section 8 tenants are reasonable and do not exceed those of others: • If the building is rent regulated, send the unit’s New York State Division of Housing and Community Renewal (DHCR) lease renewal form. • If the building is not regulated under the Rent Guidelines Board, send copies of leases for comparable units in the building. If there are no other units in the building, obtain comparable unit quotes in the area from a NYS licensed broker and send them with your request to the address above. What if an Owner has a Problem with an HPD Sectio

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