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S03173 Summary:

BILL NOS03173A
 
SAME ASSAME AS A02061-A
 
SPONSORKRUEGER
 
COSPNSRHASSELL-THOMPSON, HOYLMAN, PERALTA
 
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.
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