New York City Renters Score Big Win as Rent Guidelines Board Votes Down Rent Hikes. In a significant victory for tenants, the Rent Guidelines Board has voted to impose zero percent rent increases for rent-regulated apartments in the city. This decision comes as a relief to hundreds of thousands of New Yorkers who have been struggling to make ends meet amidst rising costs of living. The move is a departure from previous years, where rent increases were typically approved, and is seen as a major concession to tenant advocacy groups who have been pushing for more affordable housing options.
In its annual vote, the Rent Guidelines Board passed 0% rent increases for rent-regulated apartments.
