MCI Rent Hike Granted for New Absorption Chiller in Central A/C
LVT Number: #30496
Landlord applied to the DHCR for MCI rent hikes based on an absorption chiller replacement. The DRA ruled for landlord. Tenant appealed and lost. Tenant claimed that the useful life of a prior chiller installation hadn't expired. He said the DHCR granted a prior MCI rent hike for a chiller installed in 1999. But the DHCR's records showed that the chiller replacement began in January 2015, more than 15 years after the prior chiller installation was completed on March 15, 1999. So the 10-year useful life of the prior chiller had expired.
Newman: DHCR Adm. Rev. Docket No. GO410001RT (10/21/19) [3-pg. doc.]