has set the goalposts: /qTpltYPxzL- Emma Whitford May 2, 2023īy contrast, former Mayor Bill de Blasio’s terms saw the only one-year rent freezes in the board’s history, in 2015, 20.
Last year saw the city’s highest rent increases since 2013-3.25 percent for one-year leases and a 5 percent increase for two-year leases, plucked from preliminary ranges of 2 to 4 percent and 4 to 6 percent.Īhead of tonight’s preliminary Rent Guidelines Board vote Cooper Union, here’s a helpful table I shared last year showing preliminary votes over time and where the final votes have landed. But Thursday’s preliminary vote has historically set the goalposts: Annual adjustments have fallen within these ranges since the board began using them in 2004.
Tenants and landlords will be able to voice their opinions at hearings ahead of a final vote June 21, and the rates will apply to leases signed on or after Oct. “But I think it is important to escalate, because the level of pushback needs to match the scale of what’s happening.” “The Rent Guidelines Board meetings every year are always a place of a lot of activity and actions and pushback,” said Brooklyn Council Member Sandy Nurse, who participated in the protest with several Progressive Caucus colleagues. “For most people I know, this basically wipes out any raise that they got, any cost-of-living increase they got at their job.” Everybody I know is living in precarity,” said Crown Heights tenant Sarah Lazur. I was hoping that some student debt was going to be canceled. “I’m still trying to dig myself out from debt I got during the pandemic. The last time rent-stabilized tenants consistently faced increases in this range was in the mid-aughts up through 2013, under Mayor Michael Bloomberg. The nine-member board, made up of mayoral appointees, voted 5-4 in favor of rent hikes between 2 to 5 percent for a one-year lease and 4 to 7 percent for two-year leases. Tenants across nearly 1 million stabilized apartments could be facing rent increases on par with or greater than last year, following a raucous meeting Tuesday night held by the New York City Rent Guidelines Board. Tenants members of the Rent Guidelines Board, flanked by protesting council members and activists, at a meeting at The Great Hall at Cooper Union Tuesday night.
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