BILL NO | S03173A |
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SAME AS | SAME AS A02061-A
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SPONSOR | KRUEGER |
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COSPNSR | HASSELL-THOMPSON, HOYLMAN, PERALTA |
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MLTSPNSR | |
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Amd SS26-405 & 26-511, NYC Ad Cd; amd S6, Emerg Ten Prot Act of 1974 |
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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. |