The City provides information about the amount a landlord can increase rent for a tenant in a rent stabilized apartment or loft.
For leases beginning between October 1, 2013, through September 30, 2014, the rent increase for rent stabilized apartment and lofts is:
For leases beginning between October 1, 2014, through September 30, 2015, the rent increase for rent stabilized apartments and lofts is:
The City does not regulate rent increases for Market Rate apartments as they are privately owned. Rental rates and lease terms are negotiated between the owner and tenant.