By Assemblymember Harvey Epstein
Before I became a state legislator, I was one of two tenant representatives on New York City’s Rent Guidelines Board, the entity responsible for setting the rents for the city’s million-plus units of regulated housing stock. During my tenure, I worked closely with advocates to push through two consecutive rent freezes––the first and second in the Board’s 50-year history.
Freezing rents for two years in a row provided much-needed relief for over a million rent-stabilized tenants––relief these working class New Yorkers still need today. Unfortunately, since 2016, the Board has voted twice to raise rents; they look poised to do so again this year. I don’t believe the data support increasing rents.
New York City is in the midst of a homelessness crisis of historic proportions not seen since the Great Depression. According to the U.S. Department of Housing and Urban Development, our city is home to the largest homeless population of any city in America: tonight, some 60,000 New Yorkers will sleep in shelters.
Those lucky enough to have a home face challenges: in an annual report produced by the RGB, a majority of rent-stabilized tenants were shown to be rent-burdened and a third are severely rent-burdened, meaning they pay 50 percent or more of their incomes towards rent. Rent-burdened tenants face serious difficulties meeting their everyday needs for nutritious food, healthcare and education and the health outcomes of children that live in rent-burdened households are worse than their non-rent-burdened counterparts, according to Pew researchers.