NYC’s Rent-Stabilized Apartment Prices to Rise at Least 3%

NYC’s Rent Guidelines Board approves hike for rent-stabilized apartments by up to 4.5%

New York City's Rent Guidelines Board approved a hike for nearly 1 million rent-stabilized apartments by up to 4.5% set to go into effect on or after Oct. 1 in spite of public disapproval and calls for a rent freeze.

Rent Board Approves New Increases for NYC’s Stabilized Apartments

NEW YORK – The Rent Guidelines Board on Monday night approved new rent increases for New York City’s nearly two million rent-stabilized tenants — marking the fifth year in a row of rising costs. Join our WhatsApp group Subscribe to our Daily Roundup Email In a 5-4 vote following heated debate and protests, the board […]

Board approves rent hikes on NYC rent-stabilized apartments

The Rent Guidelines Board voted to raise rents on rent-stabilized apartments by 3% on one-year leases. For two-year leases, the board approved a 4.5% jump.

N.Y.C. Rent Board Approves 3% Increase, Rejecting Calls for Freeze

The Rent Guidelines Board approved at least 3 percent increases for New York City’s one million rent-stabilized apartments, rejecting the call for a rent freeze that helped Assemblyman Zohran Mamdani surge to the lead in the Democratic mayoral primary last week. Mayor Eric Adams, who appointed the members of the board, has supported rent increases for rent-stabilized apartments every year since he took office. Mr. Mamdani, likely to be the Democ…

NYC Rent Guidelines Board votes for 4.5% increase on 2-year leases, 3% on 1-year leases

The New York City Rent Guidelines Board voted on Monday night to increase rates for rent-stabilized apartments.

NYC residents in rent-stabilized apartments hit with increases of 3-4.5 percent

The two million New Yorkers living in rent-stabilized apartments will see their rents go up for the fifth year in a row after the Rent Guidelines Board vote.