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


2-year renewal: 2.5% increase


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