Heads-Up, Your Stabilized Rent in NYC Could Increase Starting This Week
Changes affect rents on one-year leases signed between October 1 and 4 February 2025. Lucky New Yorkers living inrent - stabilize homeswill be facing significant price increases . In June , the New York City ’s Rent Guidelines Board voted for a 3.25 % split increment on one - year lease and for a 5 % increase in two - year lease . The changes affect over 2 million New Yorkers living in snag - steady apartment and house across the city ....