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A02061 Summary:

BILL NO    A02061 

SAME AS    SAME AS S03173

SPONSOR    Kavanagh

COSPNSR    Mosley

MLTSPNSR   

Amd SS26-405 & 26-511, NYC Ad Cd; amd S6, Emerg Ten Prot Act of 1974

Establishes criteria for approval of rent increases to rent regulated property
resulting from major capital improvements to insure that the work performed is
an enhancement or upgrade to a housing accommodation or service therein and is
not merely repair or replacement to existing services; prohibits approval of a
major capital improvement rent increase where any outstanding hazardous
violations exist.