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RGB Rent Increases 2022-2023

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RGB Rent Increases 2022-2023

Postby TenantNet » Fri Jul 15, 2022 10:46 pm

The NYC Rent Guidelines Board has issued Rent Guidelines Order #54 covering leases commencing from October 1, 2022 through September 30, 2023. For one year apartment renewals, the increases is 3.25% and for two-year leases, the increase is 5%.

See https://rentguidelinesboard.cityofnewyo ... -order-54/

* 2022 Apartment/Loft Order #54 (pdf)
* 2022 Apartment/Loft Explanatory Statement #54 (in pdf only)

The new DHCR form RTP-8 (dated 7/22) for all Rent Stab renewal leases is here:
https://hcr.ny.gov/system/files/documents/2022/07/rtp-8-07-2022-fillable.pdf

Landlords are supposed to use this form and this version. Due to last year's RGB where there were different increase rates for 6 months, things got confusing. Ask (or tell) you landlord to used the most current version of this form.

Also see these updated DHCR Fact Sheets:

Fact Sheet #26 - Guide to Rent Increases for Rent Stabilized Apartments-https://hcr.ny.gov/fact-sheet-26

Fact Sheet #4 - Lease Renewal in Rent Stabilized Apartments-https://hcr.ny.gov/fact-sheet-4

Fact Sheet #7 - Sublets, Assignments and Illusory Tenancies-https://hcr.ny.gov/fact-sheet-7

Fact Sheet #14 - Rent Reductions For Decreased Services-https://hcr.ny.gov/fact-sheet-14

Fact Sheet #18 - Appealing a Rent Administrator’s Order: Petition for Administrative Review (PAR)-https://hcr.ny.gov/fact-sheet-18

Fact Sheet #42 - Hotels, SROs and Rooming Houses-https://hcr.ny.gov/fact-sheet-4
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