Every year, the Rent Guidelines Board votes to decide how much, if any, rents can increase. According to the law, the RGB can make “rent adjustments, if any.” The board is NOT required to raise rents – but with a Real Estate Lobby in New York that’s like Big Oil in Texas (powerful!) that’s exactly what they’ve done. For the past 12 years, under Mayor Bloomberg, landlords made money hand over fist while wages went down, unemployment went up, and working class New York City tenants struggled to get by.
There’s a new boss in town, and there’s a new RGB. (Read about de Blasio’s progressive appointments to the RGB here, and here.) This means that tenants are closer to winning a fair deal from the RGB than we have been in over a decade! But now is not the time to stop fighting.
Join UHAB and tenants rights groups from across the city at the RGB’s preliminary vote on Monday, May 5th at 5 pm at 1 Bowling Green. Let’s hold de Blasio to his campaign promises, and pack the room with tenants demanding justice.