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What is NYC RCNY § 26-12?

Quick Answer

The Commercial Rent Restructuring Committee shall notify the tenant of the new rent, and of the phase-in schedule, if any, at least 30 days prior to the effective date of such new rent.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 26-12 30-Day Notice.

RCNY § 26-12

The Commercial Rent Restructuring Committee shall notify the tenant of the new rent, and of the phase-in schedule, if any, at least 30 days prior to the effective date of such new rent.

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