“New Yorkers are still feeling the squeeze from the economic impacts of the pandemic, rising inflation, and other expenses. While many costs have increased for New Yorkers, it is unfair and unreasonable to pass the burden to the tenants of rent-stabilized tenants, who are still struggling to recover. With the eviction moratorium and other protections expired, it is unconscionable to propose a rent increase of up to 9 percent for renters, which would only exacerbate the housing and homelessness crises confronting our city. We call on the Rent Guidelines Board to seriously consider the harm that level of rent hike would cause and support actions that would safeguard the safety, health, and well-being of New York’s rent-stabilized tenants.”

###