Tenants Subject to High-Rent Deregulation After MCI Increase
LVT Number: #24659
Landlord applied for high-rent/high-income deregulation of rent-stabilized tenants' apartment in 2010. Tenants, a married couple, had admitted in the Income Certification Form sent earlier that year that their total annual household income was more than $175,000 in both 2008 and 2009. The DRA ruled for landlord, ordering deregulation at the end of tenants' existing lease term. Tenants appealed and lost. Tenants claimed that their monthly rent exceeded $2,000 in 2010 only due to an MCI rent hike that they were in the process of challenging.