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    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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    Proposed Changes to Landmarks Law Garner Interest, Stir Controversy

    Administrative Code Amendment  •  Citywide
    Councilmember David Greenfield, chair of the Committee on Land Use . Image credit: William Alatriste/New York City Council

    Councilmember David Greenfield, chair of the Committee on Land Use, co-sponsored one of the Landmarks Law bills . Image credit: William Alatriste/New York City Council

    Landmarks Chair testified that changes could be better promulgated through agency rule-making rather than by legislative fiat. On September 9, 2015 the City Council held a hearing on two potential bills that would alter the Landmarks Law section of the Administrative Code. The hearing drew a crowd that filled the main Council chamber, with over 100 people filling out forms to testify on the proposals. (read more…)

    Tags : Assemblymember Deborah Glick, Buildings and Construction Trades Council, Council Member Ben Kallos, Council Member Daniel Garodnick, Council Member David G. Greenfield, Council Member Helen Rosenthal, Council Member Inez Dickens, Council Member Jumaame Williams, Council Member Margaret Chin, Council Member Rosie Mendez, Councilmember Peter Koo, Downtown Brooklyn Partnership, Greenwich Village Society for Historic Preservation, Landmarks Preservation Commission, Manhattan Borough President Gale Brewer, Manhattan Chamber of Commerce, Meenakshi Srinivasan, Municipal Art Society, New York Landmarks Conservancy, New York State Association for Affordable Housing, Partnership for New York City, Real Estate Board of New York, Rent Stabilization Association, SEIU 32BJ
    Date:09/17/2015
    Category : City Council
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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

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