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rent stabilization

rent stabilization

NYC’s Rent Board Votes for Biggest Increase Since Bloomberg Administration

By David Brand | June 22, 2022

The nine-member Rent Guidelines Board (RGB) voted Tuesday to raise rents by 3.25 percent on one-year leases and by 5 percent on two-year leases, the highest increase for rent-stabilized apartments since 2013.

NYC Housing

NYC’s Latest Vacancy Survey is Bad News for Affordable Apartment-Seekers

By David Brand | May 17, 2022

The number of available apartments for low- and middle- income New Yorkers reached a 30-year low in 2021, according to the results of a vacancy survey used to determine whether rent stabilization laws will remain in place in the five boroughs.

Housing and Homelessness

NYC’s Rent Guidelines Board Votes for 2-4% Hikes for Stabilized Units. What Now?

By Jeanmarie Evelly | May 6, 2022

The rate increases are lower than property owners have pushed for, citing rising costs. But tenants and housing advocates who’ve called for a rent freeze say the hike will worsen the city’s eviction crisis.

Arpit Gupta
rent strike sign

Adams Taps Landlord Lawyer and Stabilization Skeptic to Rent Board, with Tenant Seat Still Empty

By David Brand | April 4, 2022

Attorney Christina Smyth will serve as one of the board’s two landlord representatives, while New York University Stern business school professor Arpit Gupta, a fellow at the conservative Manhattan Institute, will serve as one of five public members.

Podcasts

City Watch: Council’s New Housing Chair Wants Tougher Building Code Enforcement

By David Brand | March 3, 2022

“Although HPD and DOB are responding quickly to 311 complaints and sending out inspectors, there is a very troubling lag time and delay in terms of closure of these complaints,” Councilmember Pierina Sanchez said.

Housing and Homelessness

Bronx Tenants Still Locked Out of Homes 18 Months After Fire

By David Brand | September 28, 2021

Tenants say they fear the property owners are waging a war of attrition, waiting the renters out until they give up, move on and forfeit the rent-regulated apartments.

Housing and Homelessness

NYC Rent Guidelines Board Sets Mid-Year Rate Hike for Stabilized Tenants

By David Brand | June 24, 2021

The board voted to freeze existing rents for six months before increasing rates for the remaining half of the year, what some members described as a compromise between what tenants and landlords had each been pushing for. The new rules will take effect Oct. 1.

Homepage Featured
vacant apartment

Rent Board’s Subtle Move Revives ‘Vacancy Bonus’

By Jarrett Murphy | May 11, 2020

A one-word change in a preliminary document could lead to a court fight over what the 2019 rent law really said.

Homepage Featured
rgb vote

Rent Freeze Moves Forward: Watch The Key Rent Guidelines Board Vote

By Jarrett Murphy | May 8, 2020

The board voted to authorize a rent freeze on one-year leases and the first year of two-year leases, with the second year on those leases capped at 1 percent.

Al-Naimat Restaurant & Sweets

City’s Small Businesses Need Rent Stabilization to Survive COVID-19, Advocates Say

By Bridget Bartolini | April 6, 2020

In 1945, near the end of the WWII, the city instituted commercial rent control as an emergency wartime measure, authorized by the state. Advocates are calling for a similar response to the COVID-19 crisis.

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through the prism of New York City
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Founded in 1976 in the midst of New York’s fiscal crisis, City Limits exists to inform democracy and equip citizens to create a more just city. The organization is a 501(c)(3) nonprofit funded by foundation support, ad sponsorship and donations from readers.

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