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Old 07-26-2019, 10:01 AM
 
Location: Brooklyn
2,315 posts, read 2,839,861 times
Reputation: 1417

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Quote:
Originally Posted by mathjak107 View Post
the law was just changed .. it used to be if you had a preferential rent the landlord could not only set it back to the full legal allowed rent but any yearly voted increase would be added on top .

now the preferential rent is the allowable max rent and only the voted increases can be added
This
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Old Yesterday, 09:36 AM
 
Location: Manhattan
21,561 posts, read 28,480,173 times
Reputation: 9787
To me, "preferential rents signaled landlord fraud.


Like this:
Landlord claims a $40.000 capital improvement, no need for proof, to DHCR and that +$1000 becomes the legal rent, no questions asked...it is a fraudulent number.


So then landlord offers "preferential rent", aka what the market will bear. Since DHCR records effectively only go back 4 years, the andlord is free, under the old rules, to then charge the fake "legal." aka illegal, rent and the tenant is screwed. either move out or pay the increase.
Since DHCR ios as crooked as a corkscrew the tenant had no recourse.


NOW I think that "preferential rents" become the legal rent. PERIOD. That must cut into some of the extracurricular funds that DHCR employees became used to.

Last edited by Kefir King; Yesterday at 09:44 AM..
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Old Yesterday, 10:02 AM
 
72,113 posts, read 72,094,203 times
Reputation: 49643
Quote:
Originally Posted by Kefir King View Post
To me, "preferential rents signaled landlord fraud.


Like this:
Landlord claims a $40.000 capital improvement, no need for proof, to DHCR and that +$1000 becomes the legal rent, no questions asked...it is a fraudulent number.


So then landlord offers "preferential rent", aka what the market will bear. Since DHCR records effectively only go back 4 years, the andlord is free, under the old rules, to then charge the fake "legal." aka illegal, rent and the tenant is screwed. either move out or pay the increase.
Since DHCR ios as crooked as a corkscrew the tenant had no recourse.


NOW I think that "preferential rents" become the legal rent. PERIOD. That must cut into some of the extracurricular funds that DHCR employees became used to.
no need for proof ?????????????????????????????????

there is lots of documents needed.

---------------------------------------------------------------------------------------------------------------------------

The questions below will assist in the processing of your application and reduce delays.

1) Did you submit all contracts, proposals and/or invoices signed by both parties for each MCI item?

2) Did you submit all cancelled checks, bank statements and other proof of payment as required?

3) Do contracts/proposals/invoices equal the claimed costs? If not, explain in detail.

4) Do the contracts/proposals/invoices itemize each cost?

5) Did the contractor/vendor sign all relevant supplements?

6) Did you complete supplement 2 that is required for certain MCI items?

7) Did you submit all required government permits/approvals for the MCI installation claimed?

8) Do checks submitted equal the claimed costs? See supplement 3. If amounts do not equal, explain in detail.

9) Did you complete supplement 4 regarding commercial properties located at the subject premises?

10) Does supplement 5 contain the current list of tenants? (List must be accurate within 30 days of filing)

11) Compare room counts in this application against prior MCI applications. Explain any discrepancies.

12) Complete the coop/condo questionnaire, if applicable. See supplement 6

13) Is the building currently registered and in the preceding 4 years prior to the application filing date?

14) If the property contains lead paint violations, did you remove such violations on record with the local municipal agency? 15) Did you sign the application and all relevant supplements?


https://hcr.ny.gov/system/files/docu...18/12/ra79.pdf
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Old Yesterday, 02:39 PM
 
6,420 posts, read 5,922,986 times
Reputation: 4536
Quote:
Originally Posted by mathjak107 View Post
the law was just changed .. it used to be if you had a preferential rent the landlord could not only set it back to the full legal allowed rent but any yearly voted increase would be added on top .

now the preferential rent is the allowable max rent and only the voted increases can be added
Thank you Mathjak

So then it applies to already established leases and new ones going forward?

This is a good thing. Two apts I lived in and got preferential rent. One jacked things up greatly on the new lease I said bye bye and the other not so much. Its nice to hear now people won't get a several hundred dollar increase when it would be only a small amount on the preferential rent.
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Old Today, 09:07 AM
 
Location: Manhattan
21,561 posts, read 28,480,173 times
Reputation: 9787
Typical DHCR response: "We have no records for that apartment before 2016."<or 2017 or 2018>
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