By Maria Rocha-Buschel
City and state affordable housing advocates have proposed suspending this year’s Rent Guidelines Board vote, effectively freezing the rent for rent-stabilized units until June of next year, although the move would have to be enacted by the governor, who had not responded to the proposal by the end of March.
Despite the lack of an official response from Governor Andrew Cuomo, Mayor Bill de Blasio announced last Friday that the city government would be working with the state to suspend the Rent Guidelines Board process for the upcoming year, which would maintain all regulated rents at this year’s level until next year’s vote. The change would affect 2.3 million tenants in almost one million rent-stabilized apartments throughout the city.
“I think if ever there was a time there should be a rent freeze, it is now,” de Blasio said. “So for the millions of New Yorkers who live in rent-stabilized housing in this city, normally you wait until later in the spring for the Rent Guidelines Board to make its decision on what rent levels should be for the upcoming leases. What we’ve seen here, to me, makes clear that we need a rent freeze for everyone who’s rent-stabilized.”