Landlord Gets MCI Rent Increase for Facade Restoration

LVT Number: #30882

Landlord applied for MCI rent hikes based on facade restoration at its building. The DRA ruled for landlord. Tenants appealed and lost. Tenants raised a number of claims that the DHCR found were groundless. They claimed that the facade restoration didn't meet the DHCR's useful life requirement, that the claimed project cost was inflated, that the installation didn't benefit all building tenants, that there was a conflict of interest between landlord and its scaffolding contractor, and the scaffolding costs were excessive because the work took six years to complete.