💰 New York Rent Increase Notice
Market-Rate Apartments — RPL § 238-a Good Cause Law
RPL § 238-a — Good Cause Eviction Law: For market-rate apartments, the Good Cause Eviction Law (effective April 2024 in NYC and covered upstate areas) limits annual rent increases to 5% or CPI+5%, whichever is lower. Increases above this threshold may require “good cause” for non-renewal. Always verify if your property is covered before serving a rent increase notice.
🏠 Rental Property
💰 Rent Increase Details
Good Cause Eviction Law (NYC): Increases above 5% or CPI+5% may be deemed excessive. Tenant may challenge the increase or refuse to sign a renewal with the higher rent. Verify your property's coverage at nyc.gov.
👤 Tenant & Landlord
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🔍 Order Tenant Screening →New York Rent Increase Notice — Good Cause Eviction Guide
For market-rate apartments in New York, there is no statewide cap on rent increases for lease renewals — but the Good Cause Eviction Law, effective April 2024, changed the landscape significantly for NYC and covered upstate jurisdictions.
Good Cause Eviction Law Coverage
- NYC: Most market-rate apartments not covered by rent stabilization
- Upstate: Municipalities that opted into the law (confirm with local housing authority)
- Exempt: Owner-occupied 1–4 family homes, newer construction (first 30 years), units over $300,000/month
5% Safe Harbor
Increases at or below 5% (or CPI+5%, whichever is lower) are generally not considered “unreasonable” under the law. Increases above this threshold may give the tenant the right to challenge the non-renewal. Review NY lease termination laws before serving.
⚖ Legal Disclaimer
This form is for informational purposes only and does not constitute legal advice. New York landlord-tenant law is complex and varies between upstate NY and NYC. Improper notice or procedure can result in case dismissal and penalties. Consult a qualified New York landlord-tenant attorney before proceeding. See our editorial standards for accuracy details.
