A rent freeze? Not this year. The Rent Guidelines board voted Monday night on rent increases for about one million rent-stabilized apartments of up to 3% for one-year leases and 4.5% for two-year ...

The board approved Chair Nestor Davidson’s proposal for a 2.75 percent rent hike on one-year, rent-stabilized leases and a 5.25 percent increase on two-year leases. The motion passed by a 5-4 vote.

by Adam Daly, amNY The Rent Guidelines Board voted Monday evening to increase the rent for the city’s nearly one million rent-stabilized apartments, a decision that appeased neither smaller landlords ...

The Rent Guidelines Board cast a preliminary vote to back rent increases of between 2 and 4.5 percent on one-year leases across New York City’s one million stabilized apartments.

Hizzoner appoints all nine members to the board. It’s the first time since the Bloomberg administration that the Rent Board has signed off on rent increase caps of 3% or more for one-year leases.

Critics warn that many of the city’s rent-regulated buildings, serving more than 2 million residents, are approaching perilous financial shape.

Almost a million rent-stabilized apartments are spread across the city with about 2.4 million tenants, and in them, landlords can’t set rents unilaterally. Instead, a ceiling for permitted increases ...

The Rent Guidelines Board staff suggested an 8.5 percent rent hike for one-year leases after landlords’ costs jumped 8.1 percent last year.