#rent-stabilization

#rent-stabilization

Older rent-stabilized units in NYC are facing a financial crisis due to insufficient rental income and rising expenses.

The New York City Rent Guidelines Board has lowered the proposed rent increase for two-year leases on rent-stabilized apartments in a rare revote.

Rent Guidelines Board re-votes to lower proposed rent increases for NYC rent-stabilized apartments.

Sen. Gianaris and Assembly Member Rosenthal propose reforms to the Rent Guidelines Board to prevent excessive rent increases on stabilized apartments.

The Rent Guidelines Board is likely to approve rent increases for one-year leases for the fifth consecutive year.

New Yorkers protested rent increases, demanding a freeze as the Rent Guidelines Board voted to raise rents on stabilized apartments.

The state offers limited, frustrating support for landlords facing financial difficulties with rent-stabilized buildings.

Landlords sometimes conceal rent-stabilized apartments, driving renters like Ilias Miraoui to create RentReboot for better transparency.

The Furman Center warns of increasing financial pressures on rent-stabilized housing, especially in the Bronx, after the HSTPA of 2019.