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The city's Rent Guidelines Board approved a nominal 2.75 rent increase for one million rent-stabilized apartments. That's below the year's 3.3 percent inflation rate.
Rent stabilization sets maximum rates for annual rent increases and, as with rent control, entitles tenants to receive required services from their landlords along with lease renewals. The rent guidelines board meets every year to determine how much the landlord can charge. Violations may cause a tenant's rent to be lowered. [4]
Rent Control: Regulation and the Housing Market. Center for Urban Policy Research, ISBN 0-88285-159-4. McDonough, Cristina (2007). "Rent Control and Rent Stabilization as Forms of Regulatory and Physical Taking." Boston College Environmental Affairs Law Review, Vol. 34 pp. 361–85. Niebanck, Paul L., editor (1986). The Rent Control Debate.
Retrieved from "https://en.wikipedia.org/w/index.php?title=New_York_City_Rent_Guidelines_Board&oldid=1109222896"
WHITE PLAINS -- The Westchester Rent Guidelines Board voted 6-1 Thursday night to increase the rents on rent-stabilized apartments by 2.5% for one-year leases and 3.5% for two-year leases.
If you moved into your rent-stabilized apartment between June 24, 2011 and June 14, 2015, your rent could fall under $2,500. Legally, a rent-stabilized apartment in NYC can have a monthly rent ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 26 November 2024. Regulations to reduce increases in housing rents "Rent control" redirects here. For other uses, see Rent control (disambiguation). Part of a series on Living spaces Main House: detached semi-detached terraced Apartment Bungalow Cottage Ecohouse Green home Housing project Human outpost I ...
Residents with questions about the rent guidelines board should call the city corporation counsel's office at 845-569-7335. Mike Randall covers breaking news for the Times Herald-Recor and the ...