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Rent Guidelines Board Order #57 goes into effect today. The RGBO applies to renewal leases for rent-stabilized apartments, beginning anytime after Oct. 1, 2025, through Sept. 30, 2026. You can take 3% on a one-year lease and a 4.5% increase for two-year leases.
If your building has a central heating system, you must provide heat every day from Oct. 1 through May 31. Between 10 p.m. and 6 p.m., you must maintain a temperature of at least 62° F in your tenants' apartments regardless of the outside temperature.
