Landlord Didn't Get Waiver of Useful Life Requirement for Boiler
LVT Number: #28679
Landlord applied to the DHCR for MCI rent hikes based on the installation of a boiler and chimney blockage. The DRA ruled against landlord, who appealed and lost. Landlord obtained a prior MCI rent increase in 2002 for a boiler installed in 2000. Since the current boiler was installed in 2016 before the expiration of the 25-year required useful life of the prior boiler, the current boiler didn't qualify for an MCI rent increase.
J & A Abruzzo Family LLC: DHCR Adm. Rev. Docket No. GO110002RO (8/29/18) [2-pg. doc.]