Nyc Rent Stabilization Increase 2024. The board is mandated by law to establish permissible rent adjustments for all housing units that are subject to rent stabilization. For renewal leases beginning between october 1, 2023 and september 30, 2024, the rent increase for rent stabilized apartment and loft renewals is:
In the spring of 2024, the rent guidelines board decided on rent changes that apply to rent stabilized leases starting on or after october 1, 2024, through september 30, 2025. For renewal leases beginning between october 1, 2023 and september 30, 2024, the rent increase for rent stabilized apartment and loft renewals is: