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…)
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…)
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…)
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.
In a Reader
