Tenants Beware!

The New York City Rent Guidelines Board has scheduled its 1998 meetings and hearings. These will result in the setting of the rent increases allowed for the more than 1 million rent-stabilized apartments in the city, for the year beginning Oct. 1. Last year, the RGB set the lease-renewal increases low, 2 and 4 percent, to protect Mayor Giuliani’s bid for re-election. No such inhibition exists this year, and the Mayor’s board may try to install entirely new forms of rent increases which would further the Pataki administration’s decontrol policies. Plan to monitor the RGB and organize this year.

New York City Rent Guidelines Board Spring ’98 Public Meeting Schedule

(The following schedule is tentative. Contact the Rent Guidelines Board to confirm dates, times and places: (212)385-2934 or www.nycrgb.com.)

Mortgage Survey, Income and Expense Survey & Panel on Rent Regulation Reform Act of 1997
Tuesday, April 7, 9 AM-12:30 PM
Dept. of City Planning, Spector Hall
22 Reade Street (1st Fl.), New York, NY

Price Index of Operating Costs & DHCR or HPD Presentation
Tuesday, April 28, 9 AM-12:30 PM
Dept. of City Planning, Spector Hall
22 Reade Street (1st Fl.), New York, NY

Landlord Panel & Tenant Panel
Tuesday, May 5, 9 AM-5 PM
Dept. of City Planning, Spector Hall
22 Reade Street (1st Fl.), New York, NY

Vote on Proposed Guidelines  (Key meeting for tenants to attend)
Thursday, May 7, 5-10 PM
Department of Health
125 Worth St. (2nd Fl.), New York, NY

Tenant Affordability & Housing Supply Studies
Tuesday, June 2, 9 AM-12:30 PM
Dept. of City Planning, Spector Hall
22 Reade Street (1st Fl.), New York, NY

Public Hearing (Apartments)   (Key meeting for tenants to attend)
Tuesday, June 16, 1-10 PM
Location to be determined

Public Hearing (Hotels)   (Key meeting for SRO tenants to attend)
Thursday, June 18, 2-7 PM
Location to be determined

Vote on Final Rent Guidelines   (Key meeting for tenants to attend)
Monday, June 22, 5-10 PM
Location to be determined