Construction Manager Used for Renovation

March 1, 2001

LVT Number: 14812

Landlord asked the DHCR if the cost of using a construction manager to oversee renovation of several apartments could be added to the 1/40th rent increase for individual apartment improvements. In an opinion letter, the DHCR said yes. If a construction manager is used for several apartments or for substantial renovations in one apartment, the cost can be added to a 1/40th rent increase. But the cost should be divided proportionately among apartments when there is more than one involved.

Landlord asked the DHCR if the cost of using a construction manager to oversee renovation of several apartments could be added to the 1/40th rent increase for individual apartment improvements. In an opinion letter, the DHCR said yes. If a construction manager is used for several apartments or for substantial renovations in one apartment, the cost can be added to a 1/40th rent increase. But the cost should be divided proportionately among apartments when there is more than one involved.

DHCR Opin. Ltr. by Charles Goldstein (7/24/00) [3-pg. doc.]

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