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If you are rent-controlled or rent-stabilized, you may file a complaint with NYS Homes Community Renewal (NYSHCR) at .hcr.ny.gov. If your complaint is found to be valid, the landlord will be ordered to correct it. Application forms are available at my community office or your local HCR office.
The median Manhattan rent was $4,495 per month in August 2023. This is flat (just $1 less) when compared to July but a 3% rise vs. last August. However, 3% was the smallest annual percentage growth in 22 months.
Rent-stabilized units Specifically, the NYC Rent Guideline Board limits how much a landlord may increase your rent yearly. In June of 2022, the board set a 3.25% increase for one-year lease agreements and a 5% increase for a two-year lease agreement.
The median gross rent of rent stabilized units is $1,375 in New York City, compared with $1,830 for unregulated units. As discussed in the previous memo, the annual income of rent stabilized households is lower than that of unregulated households.
In a 5-4 vote, the Rent Guidelines Board pushed through a 3% raise for one-year leases for people living in rent-stabilized units. The board also upped two-year leases by 2.75% for the first year, and 3.2% for the second.

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For a two-year lease beginning on or after October 1, 2023, and on or before September 30, 2024: For the first year of the lease: 2.75% For the second year of the lease: 3.20% of the amount lawfully charged in the first year, excluding any increases other than the first-year guideline increase.
Rent stabilized apartments are most often located in buildings containing 6 or more units, which were built before 1974. If you live in a rent stabilized unit, you are entitled to additional protections and rights, so it is important to know your status.

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