Landlord Submitted Sufficient Proof of IAIs
LVT Number: #30232
Rent-stabilized tenant complained of rent overcharge. The DRA ruled for tenant and ordered landlord to refund $2,667, including interest. Tenant appealed, claiming that the overcharge was greater. Tenant contested the individual apartment improvement (IAI) increase approved by the DRA. But the DHCR found that landlord had sufficiently documented the IAI rent increase with contractor invoices and cancelled checks payable to the contractors. Landlord signed a contract to gut-renovate four apartments for $110,000 shortly after buying the building.
Bae: DHCR Adm. Rev. Docket No. GP210037RT (5/17/19) [6-pg. doc.]