Millions of New Yorkers facing rent hikes of up to 4% for 1-year lease

Around 2 million New Yorkers living in stabilized apartments will likely see their rents climb for the third year in a row, after the board tasked with setting rates okayed a range of possible hikes at a raucous preliminary vote on Tuesday — as tenants and their board representatives walked out in protest. The rest of the Rent Guidelines Board, a nine-person panel appointed by the mayor that ...

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