RENT GUIDELINES BOARD 2019 INCREASES FOR
RENT STABILIZED APARTMENTS
On June 25, 2019 the NYC Rent Guidelines Board issued the new increases on rent stabilized apartments by landlords. The increases are the same as the RGB increases last year:
For a one-year renewal lease commencing on or after October 1, 2019 and ending September 30, 2020 the increase is 1.5%. For a two-year lease: 2.5%.
For a one-year renewal lease commencing on or after October 1, 2018 and ending September 30, 2019 the increase is 1.5%. For a two-year lease: 2.5%.
For more info:
https://ny.curbed.com/2019/6/25/18728444/rent-guidelines-board-new-york-2019-vote
Lawsuit Nears Settlement for LT Residents!
Rent rollbacks began with the June 1st, 2019 statement for some Lenox Terrace residents. For more information on rollbacks read the:
LT-ACT newsletter HERE
Preliminary Settlement Agreement HERE
Table of Rent Guidelines Board
Increases HERE
Universal Rent Laws Pass!
Click HERE for more info or go to the
"Tenant Lease Info" drop-down under our NEWS tab.
Copyright 2019 Lenox Terrace Association of Concerned Tenants
Lenox Terrace Association of Concerned Tenants (LT-ACT)