Start collecting RGBO #51 rent increase.
Rent Guidelines Board Order #51 goes into effect today. You can start collecting the rent increase permitted by RGBO #51 for leases that start on or after Oct. 1, 2019, through Sept. 30, 2020. (See “Take 1.5% and 2.5% Rent Increases for Renewal Leases,” ALI, August 2019, p. 5.)