Take 1.25% and 2% Rent Increases for Renewal Leases

On June 27, 2017, the New York City Rent Guidelines Board (RGB) issued an order—RGBO #49—setting the rent increases you may take for rent-stabilized tenants in New York City on leases beginning anytime on or after Oct. 1, 2017, through Sept. 30, 2018. This order represents the first hike on one-year renewal leases after two years of rent freezes by the board.

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