• NY Apartment Law
  • Fair & Affordable Housing
  • Commercial Lease Law
  • Guidebooks
  • Archives
  • Main Articles
  • Departments
  • eAlerts
  • Blogs
  • Building Management Calendar
  • Log In
  • Log Out
  • My Account
  • Subscribe
  • NY Apartment Law
  • New York Apartment Law Insider
  • New York Landlord V. Tenant
  • Co-Op & Condo Case Law Digest
  • New York Rent Regulation Checklist, Fourth Edition
  • 2025 New York City Apartment Management Checklist
  • Fair & Affordable Housing
  • Fair Housing Coach
  • Assisted Housing Management Insider
  • Tax Credit Housing Management Insider
  • Fair Housing Boot Camp. Basic Training For New Hires
  • Commercial Lease Law
  • Commercial Lease Law Insider
  • Best Commercial Lease Clauses, 17/e
  • Best Commercial Lease Clauses: Tenant's Edition
  • Best Commercial Lease Clauses, 17/e
  • Best Commercial Lease Clauses, 17/e
  • Main Articles
  • Features
  • Management Basics
  • New Laws & Regs
  • Rent Increases
  • Court Watch
  • Violations
  • Departments
  • Dos & Dont's
  • Q&A
  • In the News
  • Landlord v. Tenant
  • Ask the Insider
May 28, 2025
We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
The Habitat Group Logo
  • NY Apartment Law
    • New York Apartment Law Insider
    • New York Landlord V. Tenant
    • Co-Op & Condo Case Law Digest
    • New York Rent Regulation Checklist, Fourth Edition
    • 2025 New York City Apartment Management Checklist
  • Fair & Affordable Housing
    • Fair Housing Coach
    • Assisted Housing Management Insider
    • Tax Credit Housing Management Insider
    • Fair Housing Boot Camp. Basic Training For New Hires
  • Commercial Lease Law
    • Commercial Lease Law Insider
    • Best Commercial Lease Clauses, 17/e
      • Best Commercial Lease Clauses, 17/e
    • Best Commercial Lease Clauses: Tenant's Edition
  • Guidebooks
  • May 28, 2025
  • Log In
  • Log Out
  • My Account
  • Subscribe
  • May 28, 2025
ALI Logo.webp
  • Archives
  • Main Articles
    • Features
    • Management Basics
    • New Laws & Regs
    • Rent Increases
    • Court Watch
    • Violations
  • Departments
    • Dos & Dont's
    • Q&A
    • In the News
    • Landlord v. Tenant
    • Ask the Insider
  • eAlerts
  • Blogs
  • Building Management Calendar
Free Issue
The Habitat Group Logo
May 28, 2025
  • Log In
  • Log Out
  • My Account
Home » RGB Recommends Lower Rent Increases

RGB Recommends Lower Rent Increases

May 3, 2012

The Rent Guidelines Board, a nine-member panel that sets annual rent increases on rent-stabilized apartments, met on May 1 to vote on preliminary numbers for increasing rent-stabilized rents. The board voted for rent hikes of between 1.75 and 4 percent on new one-year leases and increases of between 3.5 percent and 6.75 percent for two-year renewal leases.

These increases are about 50 percent below last year's and signaled that tenants in more than a million rent-stabilized apartments could be on the verge of the lowest increases since 2002, when rents went up by 2 and 4 percent.

At the vote, tenant reps made a bid for a complete rent freeze, with the argument that tenants are paying the highest ever percentage of their incomes on rent. While owner representatives asked for 5 and 9 percent rent hikes.

Once the final raises are decided in June, they will affect leases that expire between Oct. 1, 2012, and Sept. 30, 2013.

Online Alerts / Online Exclusive
      • Related Articles

        RGB’s Preliminary Vote Recommends Increases Between 2% and 7%

        RGB Recommends Rent Increase, Upcoming Meetings and Hearings

      • Related Products

        New York Rent Regulation Checklist, 4th Edition

      • Related Events

        Use Veterans Day schedule.

        Deliver Fire & Emergency Safety Plan to building employees and current occupants.

      • Publications
        • Assisted Housing Management Insider
        • Commercial Lease Law Insider
        • Co-op & Condo Case Law Tracker Digest
        • Fair Housing Coach
        • New York Apartment Law Insider
        • New York Landlord v. Tenant
        • Tax Credit Housing Management Insider
      • Additional Links
        • Contact Us
        • Advertise
        • Group Subscriptions
        • Privacy Policy
      • Boards of Advisors
        • Assisted Housing Management Insider
        • Commercial Lease Law Insider
        • Fair Housing Coach
        • New York Apartment Law Insider
        • Tax Credit Housing Management Insider
      ©2025. All Rights Reserved. Content: The Habitat Group. CMS, Hosting & Web Development: ePublishing
      The Habitat Group Logo
      • NY Apartment Law
        • New York Apartment Law Insider
        • New York Landlord V. Tenant
        • Co-Op & Condo Case Law Digest
        • New York Rent Regulation Checklist, Fourth Edition
        • 2025 New York City Apartment Management Checklist
      • Fair & Affordable Housing
        • Fair Housing Coach
        • Assisted Housing Management Insider
        • Tax Credit Housing Management Insider
        • Fair Housing Boot Camp. Basic Training For New Hires
      • Commercial Lease Law
        • Commercial Lease Law Insider
        • Best Commercial Lease Clauses, 17/e
          • Best Commercial Lease Clauses, 17/e
        • Best Commercial Lease Clauses: Tenant's Edition
      • Guidebooks
      • May 28, 2025
      • Log In
      • Log Out
      • My Account
      • Subscribe
      • May 28, 2025
      ALI Logo.webp
      • Archives
      • Main Articles
        • Features
        • Management Basics
        • New Laws & Regs
        • Rent Increases
        • Court Watch
        • Violations
      • Departments
        • Dos & Dont's
        • Q&A
        • In the News
        • Landlord v. Tenant
        • Ask the Insider
      • eAlerts
      • Blogs
      • Building Management Calendar
      Free Issue
      The Habitat Group Logo
      May 28, 2025
      • Log In
      • Log Out
      • My Account