2002 Hotel Order #32
June 28, 2002
Order Number 32 - Hotels, Rooming Houses, Single Room Occupancy
Buildings and Lodging Houses. Rent levels to be effective
for leases commencing October 1, 2002 through September 30, 2003.
NOTICE IS HEREBY GIVEN PURSUANT TO THE AUTHORITY VESTED IN THE NEW
YORK CITY RENT GUIDELINES BOARD BY THE RENT STABILIZATION LAW OF 1969,
as amended, and the Emergency Tenant Protection Act of 1974, as amended,
implemented by Resolution No. 276 of 1974 of the New York City Council
and extended by the Rent Regulation Reform Act of 1997, and in accordance
with the requirements of Section 1043 of the New York City Charter,
that the Rent Guidelines Board hereby adopts the following levels of fair rent increases
over lawful rents charged and paid on September 30, 2002.
APPLICABILITY
This order shall apply to units in buildings subject to the Hotel
Section of the Rent Stabilization Law (Sections 26-504(c) and 26-506
of the N.Y.C. Administrative Code), as amended, or the Emergency Tenant
Protection Act of 1974 (L.1974, c. 576 §4[§5(a)(7)]). With
respect to any tenant who has no lease or rental agreement, the level
of rent increase established herein shall be effective as of one year
from the date of the tenant's commencing occupancy, or as of one year
from the date of the last rent adjustment charged to the tenant, or
as of October 1, 2002, whichever is later. This anniversary date will
also serve as the effective date for all subsequent Rent Guidelines
Board Hotel Orders, unless the Board shall specifically provide otherwise
in the Order. Where a lease or rental agreement is in effect, this
Order shall govern the rent increase applicable on or after October
1, 2002 upon expiration of such lease or rental agreement, but in no
event prior to one year from the commencement date of the expiring
lease, unless the parties have contracted to be bound by the effective
date of this Order.
RENT GUIDELINES FOR HOTELS, ROOMING HOUSES, SINGLE ROOM OCCUPANCY
BUILDINGS AND LODGING HOUSES
Pursuant to its mandate to promulgate rent adjustments for hotel
units subject to the Rent Stabilization Law of 1969, as amended, (§26-510(e)
of the N.Y.C Administrative Code) the Rent Guidelines Board hereby adopts the following rent adjustments:
The allowable level of rent adjustment over the lawful rent actually
charged and paid on September 30, 2002 shall be:
