RI DAILY

Manhattan's little, quieter island and beyond

Reporting Roosevelt Island since sunrise.

RI DAILY

Manhattan's little, quieter island and beyond

Reporting Roosevelt Island since sunrise.

Rent Control

Rent Board Approves 2.75% Hike on One-Year Leases and 5.25% for Two Years in Contentious Vote

Eleven tenant protesters were arrested outside Hunter College but demands for a rent freeze went unheard, as landlords warned income will lag costs. By Ella Napack Jun 17 9:28pm EDT In a vote affecting the roughly million New York households…

Rent Board Approves 3% Hike for Stabilized Tenants

Jonathan Custodio, The City This article was originally published on Jun 21 8:59pm EDT by THE CITY Landlords will be able to hike rents by 3% later this year for more than one million rent-stabilized apartments. By a 5-4 vote…

Landlords ask Supreme Court to overturn NYC’s rent stabilization law

(The Center Square) — Landlords are asking the U.S. Supreme Court to overturn New York City’s decades-old rent stabilization law, claiming the restrictions violate the Constitution because they cap prices and limit their ability to evict tenants. In a petition…

How the Rent Guidelines Board Sets the Price on Your Next Lease

Just over a million of the city’s apartments are rent-regulated. But who regulates those rents, and how? The answer is the Rent Guidelines Board (RGB), a group of nine people — all appointed by the mayor — who annually evaluate where…

In Near-Daily Protests, Tenants Demand a Stop to Rent-Stabilized Apartment Vacancies

The pressure is on to open the city’s vacant apartments. Since THE CITY reported that nearly 89,000 rent-stabilized apartments were vacant last year in New York City, tenant advocates and lawmakers have increased their calls for solutions as the city’s…

Rent Guidelines Board 3.5% Hike, Biggest in Nearly a Decade

A sharply dividend Rent Guidelines Board voted to increase rents for the city’s nearly 1 million rent regulated apartments by 3.25% in the coming year in a decision that satisfied neither tenants nor landlords. Greg David and Rachel Holliday Smith,…