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NYC Administrative Code

§ 27-2096.2 — Median asking rents.

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What is NYC AC § 27-2096.2?

Quick Answer

This section mandates the commissioner to submit and publish a listing of median asking rents for dwelling units by community district annually by September 1. The data should be disaggregated by the number of bedrooms if statistically significant data is available. Applies to stakeholders interested in rental market trends.

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

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§ 27-2096.2 Median asking rents.

AC § 27-2096.2

By no later than September 1, 2019 and by September 1 of every year thereafter, the commissioner shall, upon the availability of a statistically significant and representative sample of data, submit to the mayor and the speaker of the council, and publish online, a listing of median asking rents for dwelling units, disaggregated by community district and, if such data is available in a statistically significant and representative sample, by the number of bedrooms. (L.L. 2019/101, 6/8/2019, eff. 6/8/2019)

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