
New York State Rent Guidelines Board
The New York State Rent Guidelines Board (RGB) is a governmental body that sets rules for rent increases in rent-stabilized apartments in New York City. Every year, the RGB reviews economic factors like inflation and housing costs to decide how much landlords can increase rents for existing tenants. The goal is to balance the needs of tenants for affordable housing with the interests of landlords in maintaining their properties. The RGB holds public meetings to gather input from tenants, landlords, and other stakeholders before making its recommendations, which are then voted on and enacted.