NYC Rent Guidelines Bd's Preliminary Vote

The New York City Rent Guidelines Board held a preliminary vote on May 5, 2021  

They proposed that for rent stabilized apartment and loft leases to be renewed any time from October 1, 2021 through September 31, 2022:

• For 1-year leases, an increase of 0 to 2%  (so a rent freeze is possible)
• For 2-year leases, an increases of 1-3%.

For rent stabilized hotels: A rent freeze (no increase). 

Rent controlled apartment leases are guided by an average of the previous 5-year rent guidelines. 

Public hearings will be held on Tuesday, June 15 and Thursday, June 17. 

The final vote will be held on Wednesday, June 23 (the day after NYC primary elections). 

Eviction Moratorium extended to Aug. 31, 2021

The NYS Legislature voted May 3, 2021 to extend the eviction moratorium through  August 31, 2021.  Governor Cuomo has now signed this into law. 

There was a small gap between the expiration of the previous moratorium on Saturday, May 1st and when this bill is signed into law.  So there is a tiny chance that your landlord may have filed a petition against you in Housing Court in the interim. But you cannot be evicted without full legal process - including getting a lawyer.  And that takes time.  So don't panic or let your landlord intimidate you.   

You'll be protected if you have already filed a Hardship Declaration or if you do that now.