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Westchester County Rent Guidelines for Renewal Leases


October 1, 2016 and September 30, 2017:
1-Year Lease Term: 0%
2-Year Lease Term: .5%

Where the owner does not provide heat or hot water:
1-Year Lease Term: 0%
2-Year Lease Term: .4%

*No Other Components - Such As Minimum Increases or a Low-Rent Guideline - were issued by the board.

October 1, 2015 and September 30, 2016:
1-Year Lease Term: 1.75%
2-Year Lease Term: 2.75%

Where heat and hot water are not provided by the owner the rates are:
1-Year Lease Term: 1.4%
2-Year Lease Term: 2.2%

Under State law, vacancy increases remain 20%* for two year vacancy leases, 19%* for one year leases. Add .6% per year if the last vacancy was more than eight years ago. For rents starting under $300, there is a $100 bonus. Between $300 and $500, the increase is the greater of the percentage increase or $100. The renewal guidelines do not apply on vacancy.

*Please note that, as a result of the changes in the State Rent Stabilization Laws effective June 15, 2015 through June 15, 2019, if a tenant was paying a preferential rent, the vacancy allowance is modified as follows: 5% if the last vacancy lease commenced less than two years ago, 10% if the last vacancy lease commenced less than three years ago, 15% if the last vacancy lease commenced less than four years ago, and 20% if the last vacancy lease commenced four or more years ago. The vacancy allowances are applied to legal regulated rent, not the preferential rent.

October 1, 2014 and September 30, 2015:
1-Year Lease Term: 1.5%
2-Year Lease Term: 2.5%

Where the owner does not provide heat or hot water:
1-Year Lease Term: 1.2%
2-Year Lease Term: 2.0%

*No Other Components - Such As Minimum Increases or a Low-Rent Guideline - were issued by the board.

*And, no additional Guideline, other than the Rent Regulation Reform Act Formula from 1997 and the 2011 State Revisions, were Adopted For Vacancy Leases. The formula for units vacated between October 1, 2014 and September 30, 2015 is explained below:

In the event of a vacancy, the allowance as stated in the Rent Regulation Reform Act of 1997 is operative. This allowance permits the Legal Regulated Rent for a vacant apartment to be increased by 20 percent for a Two-Year Lease.

For a One-Year Lease, the allowance calls for 20 percent, less the difference between the One and Two-Year Lease Renewal Guidelines. For the 2014-2015 term, the rent increase would be 20 percent (20% - 1.0% = 19%) for a One-Year Lease.

If a unit was occupied eight years or more, an additional increase of 0.6 percent per year is allowed. For example, a unit occupied for 10 years can be increased 26% (20%, plus .6% X 10 years = 26%) in the event of a two-year lease.

October 1, 2013 to September 30, 2014:
1-Year Lease Term: 3%, OR a $15 Increase Per Month, Whichever Is Greater
2-Year Lease Term: 4%, OR a $20 Increase Per Month, Whichever Is Greater

Where heat and hot water are not provided by the owner the rates are:
1-Year Lease Term: 2.4%
2-Year Lease Term: 3.2%

Under State law, vacancy increases remain 20% for two year vacancy leases, 19% for one year leases. Add .6% per year if the last vacancy was more than eight years ago. For rents starting under $300, there is a $100 bonus. Between $300 and $500, the increase is the greater of the percentage increase or $100. The renewal guidelines do not apply on vacancy.

October 1, 2012 to September 30, 2013:
1-Year Lease Term: 1.25%
2-Year Lease Term: 2.25%

Where heat and hot water are not provided by the owner the rates are:
1-Year Lease Term: 1.0%
2-Year Lease Term: 1.8%

Under State law, vacancy increases remain 20% for two year vacancy leases, 19% for one year leases. Add .6% per year if the last vacancy was more than eight years ago. For rents starting under $300, there is a $100 bonus. Between $300 and $500, the increase is the greater of the percentage increase or $100. The renewal guidelines do not apply on vacancy.

October 1, 2011 to September 30, 2012:
1-Year Lease Term: 2.5%*
2-Year Lease Term: 4.0%*

* A minimum increase of $25.00 per Month for a 1-Year Term
A minimum increase of $40.00 per Month for a 2-Year Term.
(WHICHEVER RENT IS HIGHER)

Where heat and hot water are not provided by the owner the rates are:
1-Year Lease Term: 2% **
2-Year Lease Term: 3.2% **

** A minimum increase of $20.00 per Month for a 1-Year Term
A minimum increase of $32.00 per Month for a 2-Year Term.
(WHICHEVER RENT IS HIGHER)

Under State law, vacancy increases remain 20% for two year vacancy leases, 18.5% for one year leases. Add .6% per year if the last vacancy was more than eight years ago. For rents starting under $300, there is a $100 bonus. Between $300 and $500, the increase is the greater of the percentage increase or $100. The renewal guidelines do not apply on vacancy.

October 1, 2010 to September 30, 2011:
1-Year Lease Term: 0%
2-Year Lease Term: 0%

Under State law, vacancy increases remain 20% for two year vacancy leases, 20% for one year leases. Add .6% per year if the last vacancy was more than eight years ago. For rents starting under $300, there is a $100 bonus. Between $300 and $500, the increase is the greater of the percentage increase or $100. The renewal guidelines do not apply on vacancy.

October 1, 2009 to September 30, 2010:
1-Year Lease Term: 2.25% *
2-Year Lease Term: 4% *

* A minimum increase of $20.00 per Month for a 1-Year Term
A minimum increase of $40.00 per Month for a 2-Year Term.
(WHICHEVER RENT IS HIGHER)

Where heat and hot water are not provided by the owner the rates are:
1-Year Lease Term: 1.8% **
2-Year Lease Term: 3.2% **

** A minimum increase of $16.00 per Month for a 1-Year Term
A minimum increase of $32.00 per Month for a 2-Year Term.
(WHICHEVER RENT IS HIGHER)

Low Rent Supplement - No Additional Guideline for Rents of $500 or less was adopted.

Under State law, vacancy increases remain 20% for two year vacancy leases, 18.25% for one year leases. Add .6% per year if the last vacancy was more than eight years ago. For rents starting under $300, there is a $100 bonus. Between $300 and $500, the increase is the greater of the percentage increase or $100. The renewal guidelines do not apply on vacancy.

October 1, 2008 to September 30, 2009:
1-Year Lease Term: 4.5% *
2-Year Lease Term: 6.5% *

* A minimum increase of $45.00 per Month for Either of the Above Lease Terms.

Where heat and hot water are not provided by the owner the rates are:
1-Year Lease Term: 3.6% **
2-Year Lease Term: 5.2% **

** A minimum increase of $36.00 per Month for Either of the Above Lease Terms

Low Rent Supplement - No Additional Guideline for Rents of $500 or less was adopted.

Under State law, vacancy increases remain 20% for two year vacancy leases, 18% for one year leases. Add .6% per year if the last vacancy was more than eight years ago. For rents starting under $300, there is a $100 bonus. Between $300 and $500, the increase is the greater of the percentage increase or $100. The renewal guidelines do not apply on vacancy.

October 1, 2007 to September 30, 2008:
1-Year Lease Term: 2.5%
2-Year Lease Term: 3.5%

Where heat and hot water are not provided by the owner the rates are:
1-Year Lease Term: 2.0%
2-Year Lease Term: 2.8%

Low Rent Supplement - No Additional Guideline for Rents of $500 or less was adopted.

Under State law, vacancy increases remain 20% for two year vacancy leases, 19% for one year leases. Add .6% per year if the last vacancy was more than eight years ago. For rents starting under $300, there is a $100 bonus. Between $300 and $500, the increase is the greater of the percentage increase or $100. The renewal guidelines do not apply on vacancy.

October 1, 2006 to September 30, 2007:
1-Year Lease Term: 3.75%
2-Year Lease Term: 5%

Where heat and hot water are not provided by the owner the rates are:
1-Year Lease Term: 3%
2-Year Lease Term: 4%

Low Rent Supplement - No Additional Guideline for Rents of $500 or less was adopted.

Under State law, vacancy increases remain 20% for two year vacancy leases, 18.75% for one year leases. Add .6% per year if the last vacancy was more than eight years ago. For rents starting under $300, there is a $100 bonus. Between $300 and $500, the increase is the greater of the percentage increase or $100. The renewal guidelines do not apply on vacancy.

October 1, 2005 to September 30, 2006:
1-Year Lease Term: 4.75%
2-Year Lease Term: 6.5%

Low Rent Supplement - No Additional Guideline for Rents of $500 or less was adopted.

Under State law, vacancy increases remain 20% for two year vacancy leases, 18.25% for one year leases. Add .6% per year if the last vacancy was more than eight years ago. For rents starting under $300, there is a $100 bonus. Between $300 and $500, the increase is the greater of the percentage increase or $100. The renewal guidelines do not apply on vacancy.

October 1, 2004 to September 30, 2005: 1-Year Lease Term: 3.5%
2-Year Lease Term: 4.5%

Where heat and hot water are not provided by the owner the rates are:
1-Year Lease Term: 2.8%
2-Year Lease Term: 3.6%

Low Rent Supplement - No Additional Guideline for Rents of $500 or less was adopted.

Under State law, vacancy increases remain 20% for two year vacancy leases, 19% for one year leases. Add .6% per year if the last vacancy was more than eight years ago. For rents starting under $300, there is a $100 bonus. Between $300 and $500, the increase is the greater of the percentage increase or $100. The renewal guidelines do not apply on vacancy.

October 1, 2003 to September 30, 2004:
1-Year Lease Term: 2%
2-Year Lease Term: 3%

Where heat and hot water are not provided by the owner the rates are:
1-Year Lease Term: 1.6%
2-Year Lease Term: 2.4%

Low Rent Supplement - Where apartment rents are $500.00 or less before the 1 and 2 year guidelines are applied, an additional $25.00 increase is allowed.

Under State law, vacancy increases remain 20% for two year vacancy leases, 19% for one year leases. Add .6% per year if the last vacancy was more than eight years ago. For rents starting under $300, there is a $100 bonus. Between $300 and $500, the increase is the greater of the percentage increase or $100. The renewal guidelines do not apply on vacancy.

October 1, 2002 to September 30, 2003:
1-Year Lease Term: 1.5%
2-Year Lease Term: 2.5%

Where heat and hot water are not provided by the owner the rates are:
1-Year Lease Term: 1.2%
2-Year Lease Term: 2.0%

Under State law, vacancy increases remain 20% for two year vacancy leases, 19% for one year leases. Add .6% per year if the last vacancy was more than eight years ago. For rents starting under $300, there is a $100 bonus. Between $300 and $500, the increase is the greater of the percentage increase or $100. The renewal guidelines do not apply on vacancy.

October 1, 2001 to September 30, 2002:
1-Year Lease Term: 2.75%
2-Year Lease Term: 3.75%

Where heat and hot water are not provided by the owner the rates are:
1-Year Lease Term: 2.25%
2-Year Lease Term: 3.00%

Under State law, vacancy increases remain 20% for two year vacancy leases, 19% for one year leases. Add .6% per year if the last vacancy was more than eight years ago. For rents starting under $300, there is a $100 bonus. Between $300 and $500, the increase is the greater of the percentage increase or $100. The renewal guidelines do not apply on vacancy.

October 1, 2000 to September 30, 2001:
1-Year Lease Term: 2.75%
2-Year Lease Term: 3.75%

Where heat and hot water are not provided by the owner the rates are:
1-Year Lease Term: 2.25%
2-Year Lease Term: 3.00%

Under State law, vacancy increases remain 20% for two year vacancy leases, 19% for one year leases. Add .6% per year if the last vacancy was more than eight years ago. For rents starting under $300, there is a $100 bonus. Between $300 and $500, the increase is the greater of the percentage increase or $100. The renewal guidelines do not apply on vacancy.

October 1, 1999 to September 30, 2000:
1-Year Lease Term: 2%
2-Year Lease Term: 3%

Where heat and hot water are not provided by the owner the rates are:
1-Year Lease Term: 1.6%
2-Year Lease Term: 2.4%

Under State law, vacancy increases remain 20% for two year vacancy leases, 19% for one year leases. Add .6% per year if the last vacancy was more than eight years ago. For rents starting under $300, there is a $100 bonus. Between $300 and $500, the increase is the greater of the percentage increase or $100. The renewal guidelines do not apply on vacancy.

 
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