Mandated to establish rent adjustments for dwelling units subject to the Rent Stabilization Law. It is composed of nine members appointed by the Mayor, of which two are representatives of tenants, two are representatives of owners of property, and five are public members each having at least five years experience in finance, economics or housing. The Mayor designates one public member as Chair. The Chair serves at the pleasure of the Mayor; the other eight members serve for periods of years. Compensation: Chair $125 a day, not to exceed fifty days a year; members $100 a day, not to exceed twenty-five days a year.