Rent increase rules in New York

There is no statewide limit — any amount, with proper notice. But local rent control applies in New York City, Albany, Kingston, Westchester County (ETPA), Nassau County (ETPA), Poughkeepsie, which can cap increases much lower. No flat statewide cap, but the 2024 Good Cause Eviction law creates a rebuttable presumption that increases above the lesser of 10% or 5%+CPI are unreasonable in NYC and opt-in municipalities; exemptions include landlords with 10 or fewer units, post-2009 buildings (30 yrs), and high-rent units. NYC and ETPA-county rent-stabilized units are separately capped by rent guidelines boards.

For increases of 5% or more (or non-renewal): 30 days' notice if occupancy under 1 year, 60 days if 1-2 years, 90 days if over 2 years (RPL § 226-c). (N.Y. Real Prop. Law § 226-c; RPL art. 6-A (Good Cause Eviction))

No — as everywhere in the US, a fixed-term lease locks the rent unless the lease itself contains an escalation clause. Increases take effect at renewal or on periodic (month-to-month) tenancies with the notice above.

No flat statewide cap, but the 2024 Good Cause Eviction law creates a rebuttable presumption that increases above the lesser of 10% or 5%+CPI are unreasonable in NYC and opt-in municipalities; exemptions include landlords with 10 or fewer units, post-2009 buildings (30 yrs), and high-rent units. NYC and ETPA-county rent-stabilized units are separately capped by rent guidelines boards.