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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
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.
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