1109. Annual General Adjustment Order for 1988
(1) In accordance with Section 11 of the Rent Stabilization and Eviction for
Good Cause Ordinance as amended by the Tenants Rights Amendments Act of 1982,
the Rent Stabilization Board hereby adjusts the 1987 Rent Ceilings (exclusive of
temporary increases in rent ceilings such as capital improvements1) upward by $25.00
for all units covered by this Ordinance, except units in residential hotels, and $15.00 for
units in residential hotels. The Rent Ceilings for all units except those in residential
hotels are set at a level $25.00 greater than the 1987 Rent Ceilings, and $15.00 greater
than the 1987 Rent Ceilings for units in residential hotels.
The 1987 Rent Ceiling is defined as the Base Rent Ceiling established in Section 10 of
the Ordinance plus any adjustment of the base rent ceiling granted by the Board.
(2) Rent Ceilings adjusted pursuant to this Order shall be rounded to the
nearest dollar amount.
(3) The adjustments granted by this Order shall become effective on January
1, 1988, provided the landlord is otherwise entitled to the adjustment pursuant to the
provisions of the Ordinance and this Order.
(4) The upward general adjustment granted in this Order does not
automatically provide for a rent increase. Rent increases pursuant to this Order shall
become effective only after the landlord gives the tenant(s) at least thirty (30) days'
prior written notice of such rent increases and the notice period expires.
Each notice to the tenant of a rent increase pursuant to this Order shall be in the
following form:
"Thirty Day Notice of Rent Increase
This notice is provided pursuant to the 1988 AGA Order of the Rent Stabilization Board.