7 Articles
7 Articles
Rent Guidelines Board Approves Increases of 2% for 1-Yr Leases and 3% for 2-Year Leases in Westchester
The Building and Realty Institute of Westchester & the Mid-Hudson Region (BRI) Warns of Long-Term Consequences as Rent Guidelines Board Vote Falls Short of Inflation On June 26, the Westchester County Rent Guidelines Board approved a rent adjustment of 2% for one-year leases and 3% for two-year leases starting October 1, 2025, through September 30, 2026, with a final vote of 5-3. While the new increases […] The post Rent Guidelines Board Approve…
The city’s Rent Rules Board voted Monday in a vote of 5 to 4, in favor of approving 3% rent increases for one-year leases and 4.5% for two-year contracts. The final vote comes after a month of debates and public hearings, during which tenants urged the board to freeze rents and landlords requested higher increases to offset the increase in operating costs. Assemblyman Zohran Mamdani, a virtual winner of the Democratic primary to the mayor’s offi…
Rent Guidelines Board approves increase up to 4.5 percent for stabilized apartments
Rent for more than two million New Yorkers will increase for the fourth year in a row. The Rent Guidelines Board on Monday voted to raise rents for stabilized apartments by 3 percent for one-year leases and 4.5 percent for two-year leases that start on or after October 1. The vote comes less than a week after Assembly Member Zohran Mamdani’s win in the Democratic mayoral primary; Mamdani has pledged to direct the board to freeze the rent if elec…
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