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13 Jul 2015 The Rent Law of 2015 appears to lock in that interpretation and to extend it to the new $2,700 threshold. Example: A tenant rents an apartment at $2,400 and moves out. A 20% vacancy increase takes the apartment to $2,880 for the next tenant. That tenant is still rent stabilized. However, at the end of that
Rent-stabilized tenants should only see a maximum 2% increase on two-year lease renewals, which provides meaningful rent security, and a 0% increase on one-year lease renewals.
For renewal leases beginning between October 1, 2017, through September 30, 2018, the rent increase for rent stabilized apartment and loft renewals shall be: 2-year lease: 2%
The Rent Act of 2015 now provides that if a preferential rent was charged and paid by the prior tenant, then the owner is entitled to increase the legal regulated rent by no more than one of the following vacancy increases. Last Vacancy Lease Commenced: Vacancy Increase: Less than 2 years ago. 5%. Less than 3 years
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29 Jun 2015 The RGB has been setting rent increases since John Lindsay was mayor. The city's Rent Guidelines Board's Monday night meeting is a ritual nearly five decades old. But the real possibility of a rent freeze makes this year's event truly unusual. The Board has approved large increases (like 8.5 percent in

NYC Rent Guidelines for Rent Stabilized Apartments in NYC. Under State law, vacancy increases remain 20%* for two year vacancy leases, 19.25%* for one year leases. Add .6% Pursuant to the Rent Act of 2015, the Deregulation Threshold for Luxury Deregulation is increased by the amount of the one year guideline.
27 Jun 2017 The Rent Guidelines Board voted Tuesday to allow a raise of 1.25 percent on one-year leases and 2 percent on two-year leases of rent-regulated apartments.
Vacancy Leases. Renewal and Vacancy Increases for Rent Stabilized Apartments with Leases Commencing on or Between October 1, 2016 and September 30, 2017. Renewal and Vacancy Increases for Rent Stabilized Apartments with Leases Commencing on or Between October 1, 2015 and September 30, 2016.

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February 2018