Title 9 Part 2501 NYCRR — browse free

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Compiled text through Sep 15, 2021Register checked through July 29, 2026/Vol. XLVIII, Issue 30 (2026-07-29)

All 3 displayed sections in this Part carry the same compiled date. Status and warnings stay on each section.

9 NYCRR 2501.1 - Initial legal regulated rents for housing accommodations

No later Register activity identified in this check.

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Dates and status

Compiling agency: Executive Department
Text status: Source receipt
Compiled text through: Sep 15, 2021
Register checked through: July 29, 2026/Vol. XLVIII, Issue 30 (2026-07-29)
Activity status: No later Register activity identified in this check.
Source snapshot: Jun 6, 2026

(a)For housing accommodations which on the local effective date of the act were under rent control pursuant to the Emergency Housing Rent Control Law, and on or after that date become vacant and are no longer under rent control, and which are rented thereafter and subject to the act, the initial legal regulated rent shall be the rent agreed to by the landlord and the tenant and reserved in a lease or provided for in a rental agreement.

(b)For all other housing accommodations subject to the act, the initial legal regulated rent shall be the rent reserved in the last effective lease or other rental agreement prior to the local effective date of the act.

9 NYCRR 2501.2 - Preferential rents

No later Register activity identified in this check.

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Dates and status

Compiling agency: Executive Department
Text status: Source receipt
Compiled text through: Sep 15, 2021
Register checked through: July 29, 2026/Vol. XLVIII, Issue 30 (2026-07-29)
Activity status: No later Register activity identified in this check.
Source snapshot: Jun 6, 2026

(a)Where the amount of rent charged to and paid by the tenant is less than the legal regulated rent for the housing accommodation, such rent shall be known as the preferential rent. The amount of rent for such housing accommodation which may be charged upon renewal or vacancy thereof may, at the option of the owner, be based upon either such preferential rent or an amount not more than the previously established legal regulated rent, as adjusted by the most recent applicable guidelines increases and other increases authorized by law.

(b)Such legal regulated rent as well as preferential rent shall be set forth in the vacancy lease or renewal lease pursuant to which the preferential rent is charged.

(c)Where the amount of the legal regulated rent is set forth either in a vacancy lease or renewal lease where a preferential rent is charged, the owner shall be required to maintain, and submit where required to by DHCR, the rental history of the housing accommodation immediately preceding such preferential rent to the present which may be prior to the four-year period preceding the filing of a complaint.

9 NYCRR 2501.3 - Redetermination of initial legal regulated rent which includes payments reserved under a tax escalation clause for housing accommodations located in a property becoming subject to reduction of real property taxes

No later Register activity identified in this check.

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Dates and status

Compiling agency: Executive Department
Text status: Source receipt
Compiled text through: Sep 15, 2021
Register checked through: July 29, 2026/Vol. XLVIII, Issue 30 (2026-07-29)
Activity status: No later Register activity identified in this check.
Source snapshot: Jun 6, 2026

Where the initial legal regulated rent for a housing accommodation includes payments reserved in the lease or other rental agreement under a tax escalation clause, whenever there is a reduction in the amounts of increases in the real property taxes which were previously in effect, the initial legal regulated rent shall be subject to redetermination to exclude such payments or such part thereof as is warranted, as provided for in sections 2503.9 and 2503.10 of this Chapter.

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