News — 2022 Unheard Third Survey

Good Cause for Alarm: Rents Are Rising for Low-Income Tenants in Unregulated Apartments

2022 was a brutal year for rents in New York. Rents went up nearly universally. While rent stabilized tenants had limits on how much their rents could rise, market-rate tenants had none — in large part because the state legislature failed to pass Good Cause, a bill that would allow tenants to challenge unconscionably large rent increases in court.