New York Statutes

§ 9 — Application for adjustment of initial legal regulated rent

New York·Law ETP Emergency Tenant Protection Act 576/74
§ 9. Application for adjustment of initial legal regulated rent. a.\nThe owner or tenant of a housing accommodation described in paragraph\none or two of subdivision b of section six may, within sixty days of the\nlocal effective date of this act or the commencement of the first\ntenancy thereafter, whichever is later, file with the state division of\nhousing and community renewal an application for adjustment of the\ninitial legal regulated rent for such housing accommodation. The state\ndivision of housing and community renewal may adjust such initial legal\nregulated rent upon a finding that the presence of unique or peculiar\ncircumstances materially affecting the initial legal regulated rent has\nresulted in a rent which is substantially different from the rents\ngenerally prevailin

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