RGB rent increase orders for 2012-2013

We have posted copies of the Rent Guidelines Board orders from June 21, 2012 that cover all apartments, lofts and hotel leases that commence on or after October 1, 2012. See the orders, the summary and the RGB explanatory statement here.

Note that the "poor tax" is back with a minimum of $20 increase for units renting for less than $1000/month (for one-year increases), and $40 increase for units renting for less than $1000/month (for two-year increases). This can effectively double the percentage increase for those tenants whose rents are at or near the $500/month mark. In effect those increases would be 4% and 8%.