How to Register Apartment Subject to High Rent Decontrol
LVT Number: 9215
Landlord asked the DHCR how to register a vacant rent-controlled apartment once it's rented to a new tenant for $2,000 or more per month. The DHCR advised landlord to register the apartment as rent-stabilized, and give tenant a chance to file a fair market rent appeal. Then, landlord can register the apartment as exempt if tenant doesn't challenge the initial rent within 90 days of getting a fair market rent appeal notice or if the high rent is upheld in the fair market rent appeal.
DHCR Opin. Ltr. by Nathaniel Geller (6/17/94) [2-page document]