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The DHCR has modified the NYC Renewal Lease Form (RTP-8) to incorporate the requirements of Rent Guidelines Board Order #54. With the latest order, the city’s Rent Guidelines Board voted to allow you to take a 3.25 percent increase on one-year renewal leases and a 5 percent increase on two-year renewal leases. As the most recent DHCR Renewal Lease Form, this updated form should be used for all renewal leases going forward.
