Rule status: Proposed
Comment by date: June 16, 2022
Rule Full Text
Pursuant to its statutory mandate, the New York City Rent Guidelines Board is proposing rent guidelines for October 1, 2022 through September 30, 2023.
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- Mail: Rent Guidelines Board, 1 Centre Street Room/Floor: Suite 2210 ; New York, New York 10007
Online comments: 11
Increasing rent right now while we’re still facing a global pandemic is inhumane. Millions of New Yorkers are still struggling to pay back rent and rental assistance programs such as ERAP have nearly exhausted all their funds. The government cannot continue to beat up the working class or we will have no way of living in this country.
New York is known as a renters city and it has continued to be a battle ground between renters and building owners. As we begin to face an impending recession, job losses and potentially a new wave of unemployment, it will become extremely challenging for us to afford to pay for a roof over our heads. Landlords are profiting no matter what the final decision of rent increase is. Tenants are struggling for a basic need. I look to a final judgment that seeks empathy for those who struggle with basic needs of calling a place home in NYC.
I am very concerned at the draft decision for increases to rent stabilized apartments of 2-4%. I understand that some Lanlord’s who own a few buildings are in need of assistance, but this increase will also benefit building owners like mine—who benefit from the 421a tax credit. They are receiving this tax benefit in reward for including “affordable” units in their brand new developments. They will raise the rent as much as legally can. Thereby reducing affordability while they still enjoy the tax credit. There should not be a “one size fits all” policy as it relates to rent stabilization in the city—these additional factors should be considered (how many units a landlord owns, price of other units they hold, and income levels of residents. Come on City of New York, you can do better than this!
Julie Gayer Kris
How are middle class citizens supposed to remain in NYC? Our landlord is a corporation that will benefit much more from the tax breaks than a small landlord would. Figure out a way to support smaller landlords! Figure out a way to freeze rents for middle class tenants. My family is facing the decision to leave New York. We contribute as community members, workers, artists, non-profit administrators serving community and supporting public schools with our child’s attendance and all that that entails. These rulings will force more middle class members of our community to leave NYC! Please have some compassion and do not increase rents on rent stabilized apartments. Create another way for landlords to be supported instead of on the backs of hard working New Yorkers who contribute to the culture of this place. Unless all you want are google workers living here!
This is insane.
Please make it stop. Please don’t raise the prices of rent. Many of us can barely stay afloat. The pandemic has impacted us all. The least that New York City residents need is this! I foresee a lot of displacement if this comes to fruition
Zachary J Lennon-Simon
How do you expect people to pay more for rent when they are not earning more money? Where do you think this new influx of cash is going to come from? Raising the price of rent while we are still locked into a pandemic that has financially impacted all of us is a heartless move on the part of our governmental officials who SHOULD HAVE OUR BACKS INSTEAD OF THE LANDLORDS. The landlords are fine. They have their buck, why do you insist on taking more from us instead of from them?
Raising rents on struggling New Yorkers is heartless and cruel. No one’s wages are increasing that they can keep up. Our government is supposed to work for all of us, not just landlords.
If we want to remain “New York Strong” then we have to keep New Yorkers here. Punishing residents who can already barely afford to live here in order to reward landlords benefiting from the 421a tax credit sends the continuing message that this city does not care about the people who have stayed here even through the toughest of times. You will lose people who love and care for this city and its neighbors. You will lose people who have somehow found a way to make this place home. If “New York Strong” means washing the city of its culture, then what is the draw to New York anymore? And what about the families who cannot even afford to move? Prioritize families who have been here and truly make New York Strong!
Raising rents in this way is an attack on the vast majority of New Yorkers. The benefit it would have on small landlords is far far outweighed by the harm it would do to so many of the great people in this city. It’s a despicable move.
Freeze rents. NYC is still in a pandemic, renters are already struggling and inflation is already hitting lower-income households the most.
You have the power to make an enormous difference in the lives of New York tenants by not exacerbating the heavy burdens of inflation they already face. The relative risks faced by landlords and tenants are not comparable. Please do not exercise your power to make people homeless. If you raise rents, you will personally be responsible for making families in our city homeless. You don’t need to. Be strong. Protect us. Thank you.
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