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NYC Rent Guidelines Board to vote on potential increases for rent-stabilized units

NYC Rent Guidelines Board to vote on potential increases for rent-stabilized units

NEW YORK — The New York City Rent Guidelines Board will take a preliminary vote Thursday on a range of rent increases. 

The vote will be followed by four public hearings before a final vote in June. 

The board’s decision will impact nearly one million rent-stabilized apartments in the city. 

It’s considering increases between 2.7% and 4.5% on one-year leases, and 4.3% to 9% on two-year leases.

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