July 2025 Newsletter
It’s hot out there! If your air conditioner isn’t working, come to the Community Room to stay cool. (The staff use it 12-1 for lunch.) And enjoy activities: Tuesdays at 6 PM get fit with ShapeUp NYC, and Thursdays at 2 enjoy board games and conversation – all free!
Rent increases for rent-stabilized tenants. The NYC Rent Guidelines Board voted for increases for lease renewals going into effect Oct. 1, 2025 through Sept. 30, 2026:
1-year lease renewal: 3%
2-year lease renewal: 4.5%.
If mayoral candidate Zohran Mamdani wins, he has promised to appoint people to the RGB who will freeze the rent. (No other candidate has made that promise.) If Mamdani wins before you renew your lease, you may decide to take a 1-year renewal. That will result in a lower increase (3%), followed by a few years of a rent freeze. If he loses, you may decide to take a 2-year renewal. (Tenants who are absent minded or very, very busy, should probably take 2-year renewals just to avoid forgetting to fill out the lease renewal every year.)
Pay your rent bills automatically through ClickPay.
If you link it to your bank account, there’s no fee. If you link it to your credit card, there is a fee. You’ll get a monthly email in advance asking if you’d like to pay that amount. Even without ClickPay, you can get your rent bills by email. Contact Danny Hamer, 212-406-0030, dhamer@stellarmangement.com