QBP RICHARDS ON FINAL RENT GUIDELINES BOARD VOTE TO RAISE RENTS

(June 21, 2023 at 8:15pm)

QUEENS, NY – Queens Borough President Donovan Richards Jr. stated the following in response to the Rent Guidelines Board’s final vote tonight, June 21, to raise the cost of rent for rent-stabilized units by 3 percent for one-year leases and about 6 percent over the length of two-year leases.

“Tonight’s Rent Guidelines Board vote to raise the rents of hard-working families is wildly out-of-touch with the pressing needs of our city — currently in the unprecedented midst of simultaneous housing, homelessness, migrant and eviction crises. Such a move will undoubtedly lead to more displacement, more uncertainty and more families falling through the cracks of our society,” said Borough President RICHARDS. “In response to this vote, the city must immediately increase its financial commitment in the short-term to ensure New Yorkers facing eviction can easily access free legal services under the Right-to-Counsel law and in the long-term by greatly expanding our affordable housing stock. Meanwhile, the state must act now to pass Good Cause Eviction legislation, to address the looming 421-a deadline and to reform the program as is.

“It is deeply unfortunate the Rent Guidelines Board has opted to be an obstacle in the path of progress. But here in Queens, revolutionary new affordable housing projects from Far Rockaway to Jamaica to Astoria are coming online, with thousands more affordable units in the works,” added Borough President RICHARDS. “I’m proud of my office’s commitment to help build our way out of this crisis, and I call on all levels of government to make the creation of affordable housing and the overall livability of New York City its top priorities.”

Follow the Office of the Queens Borough President via @QnsBPRichards on Twitter and @QueensBPRichards on Facebook and Instagram

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