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    Mayor Adams Makes Two New Appointments to Rent Guidelines Board

    Appointments  •  Citywide

    The Rent Guidelines Board met for the first time this year yesterday. New appointees Christina Smyth (top row, middle) and Arpit Gupta (middle row, left) were present. Image Credit: NYC RGB.

    On March 31, 2022, Mayor Eric Adams announced the appointment of two new members of the Rent Guidelines Board. The Rent Guidelines Board is responsible for establishing rent adjustments for apartments subject to the City’s rent stabilization law. Approximately one million apartments and homes are subject to this law. (read more…)

    Tags : NYC Rent Guidelines Board
    Date:04/01/2022
    Category : Mayor
    (1) Comment

    Zero Percent Rent Increase in 2016 Upheld

    Rent Stabilization  •  Citywide

    Image credit: Jeff Hopkins/CityLaw

    Landlord’s association challenged the Rent Guidelines Board’s 2016 decision to authorize a zero percent increase for one year leases. On June 27, 2016, the New York City Rent Guidelines Board promulgated the annual guidelines for rent adjustments for rent stabilized apartments. The Board allowed no increase in rent for one year renewal leases and a two percent increase for two year renewals. (read more…)

    Tags : New York County Supreme Court, NYC Rent Guidelines Board, Rent Stabilization Association
    Date:07/28/2017
    Category : Court Decisions
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    Rent Guidelines Board Freezes One-Year Leases for 2nd-Year in a Row

    Rent Regulation  •  Citywide

    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…)

    Tags : Council Member Ben Kallos, Council Member Helen Rosenthal, Manhattan Borough President Gale Brewer, NYC Rent Guidelines Board, Rent Stabilization Association
    Date:06/29/2016
    Category : Rent Guidelines Board
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    Rent Stabilization: Preserving Low and Middle-Income Housing

    Cover Article by Steve Cohen
    Image credit: Jeff Hopkins/CityLaw

    Image credit: Jeff Hopkins/CityLaw

    Rent regulation is not a new issue for New York City. But the headlines in June 2015 were far larger and the reactions more contentious than at any time in recent memory. For the first time in its 46-year history, the Rent Guidelines Board decided that there would be no increase in rents for one-year renewals on rent-stabilized apartments; it also limited increases on two year renewals to two-percent. Not surprisingly, tenants hailed the decision and landlords decried it.

    (read more…)

    Tags : 421-a, affordable housing, Department of City Planning, Governor Andrew Cuomo, Mayor Bill de Blasio, NYC Rent Guidelines Board, rent regulation
    Date:09/24/2015
    Category : CityLaw
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    Rent Guidelines Board Holds Rents at Current Levels

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

    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.

    (read more…)

    Tags : Council Member Ben Kallos, Council Member Jumaane D. Williams, Mayor Bill de Blasio, NYC Rent Guidelines Board, rent regulation, Rent Stabilization Association
    Date:07/06/2015
    Category : Rent Guidelines Board
    (1) Comment

    Deal Near in Albany on Extension of Rent Regulation

    Rent Regulation  •  Citywide
    The New York State Capitol building in Albany. Image credit: Matt H. Wade

    The New York State Capitol building in Albany. Image credit: Matt H. Wade

    Framework of extension deal includes rent regulation, 421-a.  On June 23, 2015 Governor Andrew Cuomo, joined by Assembly Speaker Carl Heastie and Senate Majority Leader John Flanagan, announced the framework of a deal on extending rent-regulation protections for New York City.  The laws expired on June 15, and the Legislature temporarily extended its session until June 23 to allow time for working on a longer-term solution.

    (read more…)

    Tags : 421, Airbnb, New York State Assembly, New York State Senate, NYC Rent Guidelines Board, rent regulation
    Date:06/24/2015
    Category : Legislation
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