New York, NY – New rent increases are on the way for New York City over the next two years.
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The New York Rent Guidlines Board increases NYC rents by 4.5 percent for all one year leases and 8.5 percent for all two year leases.
The minimum increase for one-year rent-stabilized leases is $45, and $85 for two-year rent-stabilized leases.
There are about one million apartments in New York City– mostly in Manhattan– that are rent stabilized.
Is that minimum increase per month or per annum?
dear anon 8:39
are u 1 month old or 1 year old?
Anon 11:12
easy does it…some people don’t comprehend instantly. encourage them not discourage!!
They nuts how that increase going to pay for 6 dollar oil – bankrupt landlords in the future unless increases increased
RGB guidelines are used for Section 8 as well.