News NYC rent-stabilized apartments could see rent hikes, board votes Rent-stabilized apartments in New York City may possibly see rent increases, the Rent Guidelines Board voted on Tuesday, May 3, 2016. Photo Credit: Linda Rosier By Alison Fox email@example.com Updated May 4, 2016 1:28 PM Print Share fbShare Tweet Email Rent could go up as much as 3.5% for rent-stabilized apartments, the city’s Rent Guidelines Board voted on Tuesday. For a one-year lease, the proposed increase could be anywhere from nothing to 2% for renewal leases starting on Oct. 1, according to the board. But a two-year lease could increase by 0.5% to 3.5%. The board will hold public hearings before the final vote on June 27. By Alison Fox firstname.lastname@example.org Share on Facebook Share on Twitter Comments We're revamping our Comments section. Learn more and share your input.