Effective Date of MCI Rent Hikes Delayed
LVT Number: #29722
Landlord applied for MCI rent hikes in 2007 based on a number of improvements. The DRA disallowed any increase for elevator upgrading but granted MCI rent increases for new doors, a new TV/security system, new remote phone system, boiler/burner replacement, and burner-related asbestos removal. Landlord appealed to dispute the effective date of the MCI rent increases, which the DRA set as April 1, 2012. When landlord filed its MCI application, it claimed that no commercial space benefitted from the MCIs.
SP 10 Downing LLC: DHCR Adm. Rev. Docket No. AU430017RO (8/3/18) [2-pg. doc.]