We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
If you’re planning to do work at your building and expect to get a major capital improvement (MCI) rent increase for it, you probably know that the work must meet the Division of Housing and Community Renewal’s (DHCR) useful life requirements. Those requirements are set out in Section 2522.4 of the Rent Stabilization Code (RSC). But what if you need to replace something before its useful life has expired? For example, say your building’s roof collapses before its useful life expires and you need to install a new roof.
