Board rejects NYC rent freeze; increase approved

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

NEW YORK (PIX11) — Despite a call to freeze rents on stabilized units, New York City’s Rent Guidelines Board approved a rent increase.

The Board agreed to a 1% increase for one-year leases and a 2.75% increase for two-year leases.

“While Mayor de Blasio believed that a one-year freeze and a 3 percent raise on two-year leases was the best option for New Yorkers struggling in the affordability crisis, the administration is heartened that the RGB heeded calls to keep any increase at a historic low,” said City Hall spokesman Wiley Norvell.

Speaker Melissa Mark-Viverito was disappointed with the vote, saying in a statement, “It is disappointing that the Rent Guidelines Board voted in support of a rent increase, despite hours of testimony from concerned, hard-working New Yorkers fighting to make ends meet.”

The statement continues, “While we appreciate that the increase was kept to a minimum, as our city’s housing crisis comes to a head, it’s crucial that we utilize every opportunity to fight for and preserve affordability for the New Yorkers who call this city home.

 

2 comments

  • August

    Im in need of help no one wants to rent me an apt because im a hiv client…. im under the hasa program and I really need a place to call my home but everyone is discriminating me due to the program I have what do I do

Comments are closed.