New Renewal Lease Form from DHCR

Michael Littman, Partner

The New York State Division of Housing and Community Renewal (“DHCR”) has issued a new Renewal Lease form (Form RTP-8 (6/21)) pursuant to RGB Order #53.  This Rent Stabilized Renewal Lease form should be used for Renewal Leases commencing on or after October 1, 2021 and on or before September 30, 2022.

  • Rent Stabilized Apartment Guidelines:

    • For a one-year lease commencing on or after October 1, 2021 and on or before September 30, 2022:
      • 0% for the first 6 month of the lease, and
      • 1.5% for the remaining 6 months of the lease
    • For a two-year lease commencing on or after October 1, 2021 and on or before September 30, 2022:
      • 2.5%
 
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