If a tenant or tenant’s spouse is 62 years of age or over (living in a rent regulated apartment) and the combined household income is at or below a certain income level ($50,000 per year effective July 1, 2014) and they are paying at least 1/3 of their income toward their rent, the tenant may apply for the Senior Citizen Rent Increase Exemption (SCRIE). If a tenant qualifies for this program, the tenant is exempt from future rent guidelines increases, Maximum Base Rent increases, fuel cost adjustments, MCI increases, and increases based on the owner’s economic hardship. In 2005, a similar program for disabled persons, called DRIE, was implemented.
50 Broad Street – Suite 1402
New York, NY 10004-2699
Phone: 212.747.1117
