Context & Analysis
Following the Housing Stability and Tenant Protection Act (HSTPA) of 2019, the mechanisms for increasing rent on stabilized units—such as vacancy bonuses and major capital improvements (MCIs)—were severely curtailed. The Rent Guidelines Board (RGB) annual vote is now the primary determinant of legal rent growth.
Methodology and Assumptions
This model simplifies dynamic variables for the purpose of generalized estimation. We rely on publicly available data from state and city comptroller offices, updated quarterly. Readers should not construe output as definitive financial advice.
- Model assumes constant rates across variable timeframes.
- Inflation is not factored into nominal multi-year projections.
- Regulatory overrides are ignored in baseline assumptions.
Internal Links: Homepage | Real Estate Category