New York City Rent Guidelines Board

The New York City Rent Guidelines Board (RGB) is a city agency that regulates rent increases for residential units that fall under rent stabilization. Each year, the RGB holds public meetings to review economic factors, such as inflation and housing costs, and then sets guidelines for how much landlords can raise rents. These regulations aim to balance the needs of tenants for affordable housing with landlords' rights to a fair return on their property investment. The RGB plays a crucial role in shaping the rental landscape in NYC, helping maintain stability in the renting market.