BBG News

DHCR Issues HUD/FMR and CPI for Use in Good Cause Eviction

May 3, 2024

DHCR has issued the CPI and HUD/FMR numbers to be used by owners regarding Good Cause Eviction (“GCE”).

The DHCR publication can be found at:  Good Cause Eviction Law Required DHCR Notice (May 2024).

The CPI figure relates to the present permissible rent increase (the lesser of CPI + 5%. or 10%).  The CPI number is 3.82%.  Therefore, the GCE number is 8.82%.

The HUD figures relate to the present potential exemption from GCE (245 % above HUD/FMR).  To determine the applicable amount consult the chart via county and apartment size.  In all counties of NYC, 245 percent of FMR is listed on DHCR’S chart as:

Efficiency 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
$  5,846.00  $  6,005.00  $  6,742.00  $  8,413.00  $  9,065.00


Many questions still are in need of answers.  As answers are derived, BBG shall keep you posted!

Sign up for our newsletter, The BBG Update

Subscribe to our mailing list

* indicates required