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The Rent Guidelines Board voted to raise rents on one- and two-year leases on the city's 1 million rent-stabilized apartments and lofts. Find out by how much lease renewals are going up.
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The final decision will be made by the city’s Rent Guidelines Board on Tuesday night and set the threshold on how far landlords can go in demanding more cash from tenants.
New York City's Rent Guidelines Board is supporting rent increases between 2 and 4% for one-year leases and between 4 and 6% for two-year leases for rent-stabilized apartments.
Mayor Eric Adams said he would revisit sprinkler retrofits after the Twin Parks North West fire.
New York City's Rent Guidelines Board, the group in charge of establishing the lease guidelines for rent-stabilized homes, held a preliminary vote on May 5 on a range of rent increases in the city....