The Rent Guidelines Board pushed the mayor’s rent freeze promise forward Thursday night, advancing a preliminary range of rent levels that includes no increase for the city’s rent stabilized tenants.…
Mamdani’s Office of Mass Engagement will be knocking on doors this spring, urging New Yorkers to testify at upcoming Rent Guideline Board hearings. The board will vote in June on…
“I reject the premise that us going after bad landlords is the same thing as not working with the real estate industry. They are two different things,” said Deputy Mayor…
A report from the Rent Guidelines Board, which sets allowable rent increases for stabilized units in the city, showed that landlord net income was up—but not as much as last…
Gov. Hochul has proposed expanding an initiative that freezes rent for senior and disabled tenants in exchange for property tax relief. But the program has a low uptake rate, and…
“What was so powerful about the rent freeze campaign is that we reached scale in New York City,” said Sumathy Kumar, the new director for Housing Justice for All and…
In her annual State of the State address, the governor laid out dozens of proposals to “make life more affordable” for New Yorkers. She pledged to raise the income threshold…
“To be sure, a small (and often overstated) segment of rent stabilized buildings face real financial distress. Adding to the rent burdens of a million households to save these outliers…
“An estimated 158,214 households are eligible for SCRIE or DRIE—but only 67,132 are currently enrolled. That means nearly 57.6 percent of tenants who could be protected may still face avoidable…
Outgoing Mayor Eric Adams is weighing new appointments to the Rent Guidelines Board in an effort to block Mayor-elect Zohran Mamdani’s pledged rent freeze. But finding candidates willing to take…