Extends the answer time when a major capital improvement rent increase has been filed to ninety days

This bill extends the time tenants have to respond to a notice about a major capital improvement rent increase from sixty to ninety days. It applies to tenants in New York City who receive notices regarding rent hikes approved for significant building upgrades under existing rent control laws. By lengthening the response window, the legislation aims to give renters more time to review the details of the proposed increase and submit their answers or objections. The change does not alter the amount of the rent increase or the conditions under which landlords can request it, but it modifies the procedural timeline for the review process.