Rent Guidelines Board Approves 7 Percent Increase
Briefly

The Rent Guidelines Board approved a range of increases for the city's 1 million stabilized tenants that could see leases spike up to 7 percent, against the backdrop of a raucous meeting where protesters and elected officials stormed the stage and relentlessly booed the proceedings.By a 5 to 4 vote, the board approved a preliminary range of increases of 2 percent to 5 percent for one-year leases and 4 percent to 7 percent for two-year leases.
Read at Brownstoner
[
add
]
[
|
|
]