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The NYC Rent Guidelines Board (RGB) is mandated to establish rent adjustments for the approximately one million dwelling units subject to the Rent Stabilization Law in New York City. The Board holds an annual series of public meetings and hearings to consider research from staff, and testimony from owners, tenants, advocacy groups and industry experts.

The RGB staff is responsible for providing administrative support to the Board and prepares research regarding the economic condition of the stabilized residential real estate industry including operating and maintenance costs, the cost of financing, housing supply and cost of living indices. The RGB staff engages in year-round research efforts, publishes its reports for use by the public, other governmental agencies and private organizations, and provides information to the public on housing questions.

For more information or assistance, call the DHCR Rent InfoLine, at (718) 739-6400, or visit your Borough or County Rent Office

2008 Price Index of Operating Costs (Released 4/29/08)
2008 Income and Expense Study (Released 4/15/08)
2008 Income and Affordability Study (Released 4/15/08)
2008 Mortgage Survey (Released 3/25/08)

For a comprehensive look at the NYC Rent Guidelines Board, read An Introduction to the NYC Rent Guidelines Board and the Rent Stabilization System, which looks at the structure, function and history of the Board and its role in the rent stabilization system. Also refer to the Official Site of the RGB.

Rent Stabilized Guidelines

The NYC Rent Guidelines Board adopted proposed guidelines  for rent stabilized apartments, lofts and hotels on May 5, 2008.

2007 - The NYC Rent Guidelines Board adopted guidelines  for rent stabilized apartments, lofts and hotels on June 26, 2007.

The outcome was the same as in the past, as one would expect. Rents were set too high for renters and too low for landlords. 

In 2006, the landlords received an increase of 7.75 percent for two-year leases and 4.75 percent for one-year leases.

Notes:  Current and past rent guidelines are available on the Apartment and Loft Guidelines and Hotel Guidelines pages

 

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