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NYC s Rent Guidelines Board approves new hikes for stabilized units for second year in a row

For the second year in a row, millions of New Yorkers living in rent-stabilized apartments will face new rent hikes after the board tasked with setting rates approved increases during a raucous Wednesday night meeting. The Rent Guidelines Board voted 5 to 4 in favor of a 3% hike for one-year leases. Two-year leases got a 2.75% increase in year one and 3.2% in year two. The vote came amid .

NYC s Rent Guidelines Board approves new hikes for stabilized units

NYC s Rent Guidelines Board approves new hikes for stabilized units
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Rent Guidelines Board is Last Hope for Rent-Stabilized Buildings and Their Tenants

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