The Rent Guidelines Board voted 5 to 4 to consider a

Topics:  rent guidelines board   one-year   leases   year   percent   increase   
BING NEWS:
  • NYC landlords, tenants plead their cases ahead of key Rent Guidelines Board vote on possible rent hikes
    The nine-person board heard familiar arguments from both sides on Thursday: landlords asking for significant rent hikes to offset expenses and tenants asking for a rent freeze or rollback in light ...
    04/25/2024 - 2:20 pm | View Link
  • Cost of Maintaining NYC Rent-Stabilized Buildings Up 3.9% Annually: Rent Board
    To keep net profits constant for landlords, rents would need to increase between 2.5 percent and 4 percent for one-year leases.
    04/19/2024 - 9:04 am | View Link
  • Rent hikes between 2.5% and 7% recommended for NYC’s stabilized apartments
    The RGB released a report recommending a 2.5 percent to 7 percent rent hike for one and two-year leases in rent-stabilized buildings ...
    04/19/2024 - 5:16 am | View Link
  • Rent board’s 4% hike will “plunge” buildings into distress: landlords
    The Rent Guidelines Board in an annual report called for a 4 percent rent hike for one-year leases in rent-stabilized buildings.
    04/18/2024 - 11:18 am | View Link
  • Report: Rent increases up to 4% and 7% would maintain rent stabilized landlords' profits
    I do expect the rent increase to be lower than it was the last couple of years because the data supports that,” Community Service Society’s Samuel Stein said.
    04/18/2024 - 10:41 am | View Link
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