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…
“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…
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…
Advocates hailed Zohran Mamdani’s victory as a win for rent-burdened tenants, while building owner groups decried his proposed rent freeze as a threat to the city’s stabilized housing stock.
Eric Adams is considering appointing new members to the Rent Guidelines Board before his term expires, which could make it harder for frontrunner Zohran Mamdani to fulfill his promise to…
The three candidates running for New York City mayor faced off in their first general election debate Thursday night. Here’s what they said about rents for stabilized tenants, building affordable…
Rent increases on stabilized units took effect this week. Tenants and mayoral hopeful Zohran Mamdani rallied to protest the change, which they hope will be the last for four years.
“We absolutely should weed out exploitative landlords, but we also need policies that support responsible owners. Otherwise, small landlords give up, banks take over, and buildings end up owned by…
