Thursday, June 24, 2021

Rent Guidelines for lease renewals

The Rent Guidelines Board voted

 

1-year renewal

0% increase for 1st six months, and 

1.5% increase for 2nd six months

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2-year renewal: 2.5% increase

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These apply to rent stabilized leases whose renewal goes into effect any time from Oct. 1, 2021 through Sept. 30, 2022.