The rental council in New York City approves an increase for stable apartments for the rent by up to 4.5 %

The rental council in New York City approves an increase for stable apartments for the rent by up to 4.5 %

wp-content%2Fuploads%2Fsites%2F2%2F2025%2F06%2FUntitled-1-75 The rental council in New York City approves an increase for stable apartments for the rent by up to 4.5 %

The New York City Rental Administration Council has approved a lease up to 4.5 % for the New York residents living in the Big Apple apartment, from which nearly a million people have settled.

In a 5-4 tight vote on Monday night, the Board of Directors agreed to increase the rent by 3 % for rental contracts for a year and 4.5 % for contract contracts for two years, which begins on October 1 or after.

The final increase is significantly higher than Mayor Adams – who appointed all the nine members of the Board of Directors, including representatives of the tenants and representatives of the owner – before the final vote.

He said in a statement, “While the board of directors practiced its independent ruling, and amended based on elements such as inflation, I am disappointed that they agreed to the increases higher than I called for,” he said in a statement.

Earlier in the day, Hizzzoner urged the members of the Board of Directors to agree to the minimum increases set by 1.75 % and 3.75 % in one -year and 2 -year bonds, respectively.

Before the final vote on Monday, the Council Voice in early May to increase the rent of tenants In stable apartments, rents are at least 4.75 % for new rental contracts for two years-but they were modified At least 3.75 % In a rare reflection after less than a month. The council had set the maximum possible vote on 7.75 %.

“This council, which was assigned to be independent under any mayor who falls on the road, cannot continue to work in a bubble. These (stable) buildings that are systematically reduced after the period, and are on the observation of elected officials.”

The lease guidelines board approved an increase of 3 % stable apartments and 4.5 % depending on the length of the rent. AFP via Getty Images

Unfortunately, nothing will happen tonight the serious housing crisis facing non -profit housing service providers, supportive housing providers, public housing providers, or private sector owners who love activists to distort.

In the weeks before the voting used, the Board of Directors held five general sessions and received more than 200 video certificates.

On a day, the meeting was boycotted by members of society chanting, “freezing the rent!” And hit the bile during the discussion of the members of the Board of Directors.

Return to the screams Democratic candidate for the mayor, socialism Zahran Mamdani, Who promised to freeze the rent for millions of tenants in stable apartments if elected.

People chanted in the vote “freezing the tent!” He shouted to the members of the board of directors during the meeting. X/brander

In his statement after the final vote, Adams-who is running for his re-election as an independent-Mamdani’s main promise in an unlimited summons.

Adams said: “The rent may be high, but also deteriorating housing conditions-including the collapse of heat and insufficient heating, mice and mice problems, mold, and leaks-especially for the New York residents in straight housing,” Adams said.

The demands of “freezing rent” would exacerbate harmful health and safety issues within the homes of more than a million New York residents by depriving the resources needed to make a harsh and dangerous proposal. While freezing of rent may seem like an attractive slogan, bad policy, short-sighted, and invoke it in the way of harm. “

The rise will affect nearly one million straight apartments for rent. Christopher Sadovsky

The New York real estate council praised the increase in the rent – but he said they were not enough to face the growing real estate owners to keep their units.

“These modifications made by RGB, although they are less than the costs imposed on the owners, are a necessary step towards maintaining the long -term health of our housing stock,” said Ribni James Willian after the vote.

Some of the New York residents did not believe that the council went far away, as their amendment still retains rent less than the estimated inflation levels.

Many officials specifically indicated that the freezing rent is not the solution to the housing crisis in New York City after highlighting it by Zahran Mamdani. Hans Lucas/AFP via Getty Images

“They have not followed mathematics, and now these lease adjustments will be immersed in small buildings that have been lease in distress and mortgage. Increased rent when operating costs high is not sustainable.”

Others praised the Board of Directors for not bending to the will of defenders who call for the freezing of the rent, which Mamdani reinforced throughout his municipal campaign.

New York CEO, CEO of New York Company, CEO of New York Company, CEO of New York Company, CEO of New York Company, CEO of New York, said that “we are disappointed because RGB again adjusts rents without inflation, we appreciate that they appreciate the political pressure who claim to freeze the rent that would The financial and physical deterioration of thousands of old buildings that was placed on the rent accelerates.

Last year, the rental instruction council Approval of increased rental The protests outside the Hunter College in Manhattan, where the vote was made. Six demonstrators were arrested from the crowd who called for the freezing of the rent.

This height was 2.75 % for contract contracts for a year and 5.25 % for two -year contract contracts.

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