N.Y. Comp. Codes R. & Regs. Tit. 9 § 2202.18 - Decrease of inequitable rents for rooming house and single-room occupancy accommodations
Notwithstanding any other provision of these regulations, where a maximum rent has been established for a housing accommodation in a rooming house, or for a single-room occupancy accommodation, the administrator may order a decrease in the maximum rent, having regard for any factors bearing on the equities involved, consistent with the purposes of the Rent Law, to correct speculative, abnormal and unwarranted increases in rent.
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