
Rent Guidelines Board (RGB) Reports
The Rent Guidelines Board (RGB) Reports are detailed assessments issued annually that recommend rent adjustments for rent-stabilized apartments. They analyze factors like operating costs, inflation, and tenant financial wellbeing to determine fair rent increases or decreases. Landlords and tenants can use these reports to understand expected rent changes, ensuring that increases are justified and balanced, promoting stability in the rental market. The RGB's goal is to set reasonable guidelines that protect tenants while allowing landlords to maintain properties and cover costs.