Ground News - Rent Board Votes for 3.25% Increase on One-Year Leases
Two million New Yorkers who live in rent-stabilized apartments will be affected by increases approved at a raucous meeting of the Rent Guidelines Board.
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Two million New Yorkers who live in rent-stabilized apartments will be affected by increases approved at a raucous meeting of the Rent Guidelines Board.
Josh Bianchi visited New York City from Michigan in the fourth grade, and he was hooked. Then he found out how difficult it could be to live in the city.
From the earliest days when we still called it coronavirus, the value of live, remote communication, from Zoom to Skype to FaceTime to Teams to Meet to just a plain old phone hook-up, has been a tremendous innovation. Work, school, doctor appointments, religious worship services, even birthday parties and other once in-person gatherings went online, probably billions of times.
City and state rent-control policy is sabotaging post-pandemic recovery.
Housing advocates contend that even the lower range of rent increases are far too much for tenants to bear, given the economic chaos caused by COVID and a lack of lawyers available to represent tenants in eviction cases.