NYCFrozen Photo: Anthony Quintano/Flickr

The recent move by the New York Rent Guidelines Board to freeze rents on one-year leases was unprecedented in the Board’s 46-year history, and most politicians and housing advocates are ecstatic.

Sarah Jaffe (@sarahljaffe), a fellow at The Nation Institute, notes “last year’s disappointment,” but offers, “Congrats NYC!”

Ilana Maier, of the Met Council on Housing (@Met_Council), used the hashtag #tenantpower and remarked that she now has “a little more faith in humanity.”

City councillor Corey Johnson and New York City Public Advocate Letitia James also weighed in. “2.5 million tenants breathe a sigh of relief. Tenants get a rent freeze!” tweeted Johnson. James remarked, “Kudos to Rent Guidelines Board on historic rent freeze that will help ensure our city is affordable to working NYers.”

The 7-2 decision prevents landlords from raising rents, but allows them to forgo certain repairs that are often negotiated into rent hikes. Fair housing advocates maintain that freezing rents is one way to compensate for income levels that have also plateaued.

Last year, the Board actually approved its lowest increases in history: up to one percent for one-year leases and 2.75 percent for two-year leases. Mayor de Blasio had publicly called for freezes.

In the past, the Rent Guidelines Board has also given special consideration for specially designated housing like single room occupancy units — sometimes freezing those rents.

A Twitter search for “rent freeze” did not reveal any negative reactions to the decision at press time, though the subject has been widely reported on across outlets.

Check out the tweets below:

Developments featured in this article

More Like This

Facebook Chatter