Rent Guidelines Board approves hike on rent-stabilized leases, ignores calls for rent freeze
Phil Taitt has more detail on the effect these bills will have. HARLEM, Manhattan (WABC) — Despite calls for a rent freeze, the NYC Rent Guidelines Board approved a 3% increase for one-year rent-stabilized leases, and 4.5% for two-year leases. The rent increases would apply to leases beginning in or after October. Affordable housing has […]