Improve New York’s Rent Stabilization System
Would make the process for determining rental rates for rent-controlled and rent-stabilized apartments more fair and democratic by giving tenants a stronger voice in the process.
- This year, the NYC Rent Guidelines Board passed the highest rent increase in a decade in an opaque process powered largely by the interests of real estate. It’s clear this process needs an overhaul.
- These reforms would require the RGB to take a wider variety of considerations into account when determining rental prices to ensure they truly reflect the reality tenants on the ground face, provide municipalities with guidelines for their vacancy studies, and correct the balance of power by giving tenants and their advocates a stronger role.
- In addition, it would move RGB votes to November instead of June and reduce Mayoral power over the RGB to keep the board more accountable. Everyone’s rent increases would happen at the same time.
Win Rent Stabilization Upstate
Our communities are stronger when everyone has stable, safe, affordable homes. But to landlords, our homes are just another way to pad their profits. Skyrocketing rents are pushing tenants out of their homes and destabilizing communities across New York State.
Our elected officials must confront our housing emergency and take action to prevent rent hikes, displacement, and evictions. Rent control is a critical tool for cities across the state to immediately stabilize housing prices and strengthen our neighborhoods. From Albany to Rochester and across the Hudson Valley, tenants are organizing to bring rent stabilization to our communities.