NY Tenants

The struggle for affordable housing in New York City is reaching a critical point as tenants mobilize to fight against rent hikes on rent-stabilized units. The city, known for its extreme wealth, is experiencing a dire economic crisis, with high rents that have soared to a median of over $4,000 per month for a one-bedroom apartment. Rent stabilization, which was achieved through grassroots tenant activism in 1969, has provided a lifeline for many New Yorkers, setting clear limits on rent increases. However, the unelected Rent Guidelines Board (RGB), which is appointed by the mayor and primarily represents the interests of landlords, has continuously approved rent hikes, leaving tenants in a precarious position.

The economic conditions faced by tenants are worsening, with stagnant wages and rising costs. Many New Yorkers already struggle to pay over 30% of their income on rent, pushing them into extreme debt. The RGB's recent preliminary vote suggests that this year's rent increases will be even higher than the previous year, further burdening tenants who are already living below the federal poverty line.

Landlords and real estate developers, who hold significant power and influence, argue that higher rents are necessary for renovations and repairs. However, tenants like Veronica Campbell, who has experienced a deteriorating living condition without any repairs from her landlord, see through this claim.

The current situation highlights the need for stronger tenant protections and a shift away from policies that prioritize the financial interests of landlords over the well-being of tenants. The fight for affordable housing in New York City is not just about individual tenants but also about addressing the systemic inequalities and power imbalances that perpetuate the housing crisis.