The Vacancy Lease Calculator is currently being revised to reflect the new vacancy lease allowances beginning October 1, 2003. The new vacancy allowances are 17% for a one-year lease and 20% for a 2-year lease.

If you are currently using a downloaded version of our calculator to compute the new rents for vacant rent stabilized apartment for leases commencing after October 1, 2003, you are tabulating INCORRECT rents for these units. Please remove the calculator from your computer.

Thank you for your patience.