The NYC Rent Guidelines Board (RGB) voted last week to raise rents in the midst of the ongoing pandemic and continued economic hardship for millions. Scott Sommer was joined by RGB Tenant Member Leah Goodridge to find out what happened.
Housing Notebook is produced by the Metropolitan Council on Housing, New York's oldest tenant union.
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Rent guidelines: For leases beginning between 10/1/20 & 9/30/21: 0% for a 1-year lease, 0% for 1st year of 2-year lease, 1% for 2nd year of 2-year lease in apartments & lofts, no increase for SROs, rooming houses, & hotels; Westchester, Nassau, Rockland rent freeze!
New rent guidelines for leases beginning between 10/1/21 & 9/30/22: for apartments & lofts: for a 1-year lease, 0% in the first 6 months & 1.5% in the following 6 months; for a 2-year lease, 2.5%. No increase for SROs, rooming houses, & hotels. Rockland County: 0.5% for a 1-year lease, 0.75% for a 2-year lease. Westchester County: 0.5% for a 1-year lease, 1% for a 2-year lease.