Council Member Ben Kallos with Herndon Werth, a rent-stabilized tenant. Image credit: The Office of Council Member Ben Kallos.

The Rent Guidelines Board held a preliminary vote to increase rents on one-year and two-year leases in New York City. On April 25, 2017, the City’s Rent Guidelines voted to raise the rents for New York City’s one million rent stabilized apartments. In the two previous years the Board had voted to freeze rents citywide, the first freezes in New York City’s history. For CityLand‘s previous coverage of the rent freezes, click here. (read more…)

Board votes for rent freeze despite strong push for a rent rollback by City Council coalition. On June 27, 2016, the New York City Rent Guidelines Board held a final vote to set guidelines for 2016-2017. This vote took place one year after the Rent Guidelines Board made a historic decision to freeze one-year leases instead of raising them. (read more…)

Councilmembers Jumaane Williams (center) and Ben Kallos (left) at a rally for rent reform. Image credit: William Alatriste/NYC Council

Freeze vote first of its kind in Board history, applies to one-year leases in rent-regulated units.  On June 29, 2015 the Rent Guidelines Board voted 7-2 to not increase rents on one-year leases, affecting 1.2 million tenants of New York City’s rent-regulated apartments.  The vote marked the first occasion where the Board decided to freeze rents. The Board’s vote also increased rents on two-year leases by 2 percent, a historically-low rate.  The new rents will take effect with leases begun or renewed on October 1, 2015 or later.

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