§ 56-01 Definitions.
RCNY § 56-01
(a)"Class two building" means any building in a special assessing unit classified as class two pursuant to subdivision 1 of Section 1802 of the Real Property Tax Law.
(b)"Commissioner" means the Commissioner of Finance of the City of New York.
(c)"Department" means the Department of Finance of the City of New York.
(d)"DHCR" is the New York State Division of Housing and Community Renewal.
(e)"DRIE" is the Disability Rent Increase Exemption program.
(f)"Eligible Building" means a class two building that is subject to either: (i) the emergency housing rent control law; or (ii) the rent and rehabilitation law of the City of New York enacted, pursuant to the emergency housing rent control law or to the emergency tenant protection act of nineteen seventy-four.
(g)"J-51 Program" is the tax exemption and abatement program governed by Section 489 of the Real Property Tax Law, § 11-243 of the Administrative Code of the City of New York and 28 RCNY Chapter 5.
(h)"Major Capital Improvement" ("MCI") – is an improvement or installation to a building subject to either the emergency housing rent control law or the rent and rehabilitation law of the City of New York enacted under the local emergency housing rent control law or under the emergency tenant protection act of 1974 for which DHCR has granted approval for a rent increase to a building owner. MCI increases apply to building-wide improvements, not to individual apartment improvements.
(i)"SCRIE" is the Senior Citizen Rent Increase Exemption program. (Added City Record 7/11/2018, eff. 8/10/2018)
