MCI Based on Actual Cost of Work
LVT Number: 16785
(Decision submitted by Beth Cohen of the Manhattan law firm of Rosenberg & Estis, PC, attorneys for the landlord.) Landlord applied for MCI rent hikes based on the installation of a new roof and asbestos removal. The DRA ruled for landlord in part, disallowing part of the costs landlord submitted. Landlord appealed and won. Landlord is entitled to an MCI hike based on its actual costs. Landlord documented the cost of its MCIs properly, with copies of contracts, contractor's statements, and canceled checks. Both landlord and its contractor stated that there was no relationship between them, financial or otherwise, and there was no proof otherwise.
Silver & Silver Properties LLC: DHCR Adm. Rev. Dckt. No. RA430019RO (8/28/03) [3-pg. doc.]