"A new report by the Community Service Society's housing-policy analyst Samuel Stein found that over the past four years the Rent Guidelines Board has increased rents by a total of 12.6 percent. The city's 1 million rent-stabilized apartments saw a 4.6 percent and 2.3 percent total increase in rent over Bill de Blasio's two terms. (Which includes three years of rent freezes.) Adams's record is much more in line with Michael Bloomberg's, whose rent board increased rents by 13.4, 15.6, and 12.5 percent."
"All told, if a rent-stabilized tenant took one-year increases during all those years, they would have seen a 77 percent jump in their rent. If you include market-rate apartments, Adams's tenure has been a period of shattering rent records, bidding wars, and lines outside of crappy apartments. Per Douglas Elliman's data, from December 2021 to August 2025, the median Manhattan rent rose from $3,475 to $4,600; in Brooklyn from $2,800 to $3,950; and in northwest Queens from $2,825 to $3,775."
The Rent Guidelines Board raised rent-stabilized rents 12.6 percent over four years. Bill de Blasio's two terms produced 4.6 percent and 2.3 percent total increases, including rent freezes. Michael Bloomberg's terms saw larger cumulative RGB increases of 13.4, 15.6, and 12.5 percent. A tenant accepting one-year increases every year would face a 77 percent rent rise. Market-rate median rents climbed substantially between December 2021 and August 2025: Manhattan $3,475 to $4,600; Brooklyn $2,800 to $3,950; northwest Queens $2,825 to $3,775. Over half of city households are rent-burdened, paying more than 30 percent of pretax income on rent.
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