At the Rent Guidelines Board’s second meeting of the year, staff presented two reports that gave both tenant advocates and landlords fresh material for the fight over a possible rent freeze later this year.
The board’s 2026 Price Index of Operating Costs (PIOC) report found that owner costs for buildings with rent-stabilized apartments rose 5.3% this year, driven in part by an 11.0% jump in fuel costs and a 10.5% rise in insurance costs.
