Hoboken City Council introduces rent increase disclosure requirements for non-controlled units

The Hoboken City Council convened on April 2, 2025, to discuss significant updates regarding tenant protections and rent control measures in the city. The meeting focused on a proposed ordinance aimed at enhancing transparency for tenants facing rent increases, particularly those in units not covered by existing rent control laws.

The discussion began with Councilman Cantero outlining the current state of rent control in Hoboken, noting that many rental units are exempt due to their age, allowing landlords greater flexibility in setting market rates. He emphasized the need for a new provision that would empower tenants in these exempt units by requiring landlords to provide detailed disclosures when increasing rents.

The proposed ordinance mandates that landlords disclose specific information to existing tenants when rent increases exceed 10%. This includes an itemized breakdown of the costs contributing to the increase, a statement regarding the use of any rent algorithms, and information about tenants' rights to challenge what they perceive as unconscionable rent hikes. The goal is to equip tenants with the necessary information to understand their rights and the rationale behind significant rent increases, which have reportedly reached 20% or more in recent years.

Councilman Cohen supported the ordinance, highlighting that while it does not label rent increases over 10% as inherently unconscionable, it provides tenants with crucial information that could help them make informed decisions. He noted that the council had previously considered stricter measures but opted for this approach to avoid potential legal complications.

The council members engaged in a thorough discussion about the enforcement of the new requirements and the challenges of ensuring all landlords comply. Concerns were raised about how to effectively communicate these changes to landlords and the potential burden on the Hoboken Division of Housing. However, it was clarified that the housing office would not be responsible for enforcement but would provide a standard form for landlords to use when notifying tenants.

The meeting concluded with a consensus on the importance of the ordinance in fostering transparency and protecting tenants from excessive rent increases. The council members expressed hope for unanimous support in the upcoming vote, recognizing the need for better information to empower renters in Hoboken. The ordinance is seen as a step forward in addressing the growing concerns over housing affordability in the city.