Apartment rentals New York with Bill de Blasio

Rent increases for rent-stabilized apartments are decided by the Rent Guidelines Board (RGB) of New York City every year. Since 1969, the RGB has always voted to increase the rent rates in NYC.

Mayor de Blasio has so far stayed in consistency with his plan to create more affordable housing here in NYC. One method of making NYC a more affordable city would be pursuing a renters’ freeze of regulated rents. The Rent Guidelines Board, which is comprised of nine people, had five seats on this board that were recently up for re-appointment or new appointments in March. De Blasio had finally filled these five of the nine seats. The other four seats left for re/new-appointment will be filled in December 2014.

Mayoral candidate Bill de Blasio received a shoutout on Monday from the Bloomberg Administration’s chief of city planning, the Daily News reports. De Blasio supports a plan that would require all new development to have affordable units, which was a topic of converasation.