Rent Stabilized Apartments Nyc Increase 2025. 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. The new york city rent guidelines board (nycrgb) determines rent increases for lease renewals of rent stabilized apartments, lofts, hotels and single room occupancies (sros).

Council also voted on bills to establish basement apartments and adus in city codes, support building rehabilitation, track approved housing projects, and update flood maps. Together with such further adjustments as may be authorized by law, the annual adjustment for leases for apartments.