New York City Rent Guidelines Board

Rent Guidelines Order No. 42

The following summarizes New York City Rent Guidelines Board Rent Guidelines Order No. 42 for leases commencing between October 1, 2010 through September 30, 2011:

RENEWAL GUIDELINES:
One-year lease...................2.25%
Two-year lease...................4.5%

VACANCY ALLOWANCE:
One-year lease...................17.75%
Two-year lease...................20%

SUBLET ALLOWANCE:
10%

The official summary from the Rent Guidelines Board can be downloaded from our website.