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Mayor Adams praises R.G.B. vote; Speaker Adams: ‘This will harm our communities’

BY THE VILLAGE SUN | The Rent Guidelines Board, for the second straight year under Mayor Adams, voted to hike rents on the city’s 2 million rent-regulated tenants.

At a raucous meeting Wednesday night at Hunter College on the Upper East Side, the R.G.B. voted 5 to 4 to boost rents on the city’s 1 million rent-stabilized apartments by 3 percent for one-year leases and 2.75 percent and then 3.2 percent for two-year leases.

Under pro-tenant Mayor de Blasio, the R.G.B. froze rents three times and never raised rents more than 1.5 percent. However, last year, Adams’s first in office, the board boosted rents 3.25 percent for one-year leases and 5 percent for two-year leases — the biggest rent hike since 2013 under Mayor Bloomberg.

Adams, who is a small landlord himself, owning property in Brooklyn, praised the R.G.B. for “finding the right balance.” He urged that more affordable housing must be created — even as the R.G.B. vote means the city’s current stock of affordable apartments just became incrementally less affordable.

“I want to thank the members of the Rent Guidelines Board for their critically important and extremely difficult work protecting tenants from unsustainable rent increases, while also ensuring small property owners have the necessary resources to maintain their buildings and preserve high-quality, affordable homes for New Yorkers,” the mayor said. “Finding the right balance is never easy, but I believe the board has done so this year — as evidenced by affirmative votes from both tenant and public representatives.

“We also know that the real solution to the affordable housing crisis requires building more housing — that means getting New York City the tools we need to build the housing New Yorkers deserve,” Adams said. “That is why we continue to fight for state action on affordable housing incentives, office conversions and other key priorities. And we are using every tool in the city’s toolkit to build more housing more quickly — cutting red tape, making the largest financial commitment to affordable housing in the city’s history, and advancing a ‘City of Yes’ zoning amendment that will clear the way for new housing in every borough.”

Meanwhile, Speaker Adrienne Adams, before the board’s final verdict, called for it to “acknowledge, through its decision at the upcoming June 21 vote, that New York City is facing a housing affordability crisis and limit rent increases.”

“If we continue down the same path as last year,” she warned, “people will be further cost-burdened and housing affordability will be pushed farther into the distance.”

Speaker Adams did not offer a percentage increase that would be acceptable or call for a rent freeze.

Following the R.G.B. vote, the Council leader issued a statement, saying, in part, “The Rent Guidelines Board’s vote to authorize rent increases, while on the lower end of the proposed ranges, will only further exacerbate the homelessness and housing crisis in our communities at a time when New Yorkers can least afford it. As our city grapples with a record-high shelter population, an affordable housing shortage that remains unabated, and rising costs, New York City tenants increasingly struggle to make ends meet. This will harm our communities, deepen the lack of affordability, and make it even more difficult for New Yorkers to remain in their homes and work in the city they love.

“These rent increases will only fuel our housing crisis unless the city budget invests in housing solutions that prevent evictions and homelessness, and ensures city agencies are supported to advance them,” Speaker Adams said. “We urge the mayor to join the Council in supporting housing investments being added to the budget.”

Speaking in support of the final rates, Nestor Davidson, the R.G.B. chairperson, said in a statement, in part, “Some stakeholders have urged us to prioritize one side of this balance over the other. Some have argued that we should set guidelines that respond primarily — in whichever direction — to immediate challenges. Others have argued, conversely, that we should primarily center the long term, discounting recent disruptions. Rather than take either of those approaches, our long-standing practice as a board reflects that we balance both, seeking to ensure the stability of the rent-stabilization system for tenants and owners and preserving this truly foundational aspect of housing in our city.”


  1. Carol Yost Carol Yost June 24, 2023

    I’m a member of VID, and pardon me, but we’re not corrupt. I’m as worked up as anybody else about the unaffordability of housing. I live in a rent-stabilized apartment with a low rent; I’m very fortunate. I could never afford the rents others are having to pay. A few times the landlord has tried to kick me out, and I hung on with either a union or a pro bono lawyer and the skin of my teeth. I’m very grateful for the help I had.

    The other beef I have with this Mayor, although I think he’s trying to help immigrants (which I am all for), is the way he’s treating municipal retirees. I’m one of those. Away with those Medicare (Dis)Advantage Plans!

    • Marilyn Stevenson Marilyn Stevenson June 26, 2023

      Maybe not you personally, but the club, of course. 20 years ago VID was a beacon of the progressives. These days it shills for people like Carlina Rivera and Erik Bottcher. Look at their records and where their support comes from.

      Glad to hear you still have “affordable housing,” but there’s more to a livable and sustainable city than just rent stabilization status. You can have your cheap rent, but what about the local stores displaced by the real estate mania — supported by Rivera, Bottcher and others (and kept in office by clubs like VID and CODA).

  2. I------m I------m June 24, 2023

    once again our current mayor has proven himself not only deaf, but also with his head up his proverbial butt.
    how many real estate lackeys has he named to positions of some kind of authority over the citizens of nyc?
    the time is up for adams. later for this ambitious poseur.
    we are anxious for the next mayoral election.

  3. Marilyn Stevenson Marilyn Stevenson June 22, 2023

    Adams is bad enough…

    But how long until Carlina Rivera and Erik Bottcher beat their chests proclaiming their love and protection of tenants, but at the same time are doing everything in their power to destroy communities? Just yesterday, it was revealed that Bottcher has signed onto the demolition of Elliot-Chelsea and Fulton Houses in Chelsea, to be replaced (by his friends at Related no less) with mostly luxury housing.

    Funny, well not-so-funny, the last I heard, Chris Quinn still lives on one of the private building on the Elliot-Chelsea blocks, and once Related takes full control, her housing value will go up, up and up.

    When will the corrupt political clubs (CODA, VID and CRDC) understand these people are out for themselves and not local residents?

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