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During a preliminary vote last month, the Rent Guidelines Board considered raising rents between 2% and 5% for one-year leases, and between 4% and 7% for two-year leases.
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Trying to talk over protesters who stormed the stage, the Rent Guidelines Board voted this week to raise stabilized rents between 2% and 5% for one-year leases and 4% to 7% for two-year ones. Predictably, no one is happy.
Events from A Rising Tide mark Asian American and Pacific Islander Heritage Month, the renovated Folger Shakespeare Library, and more news.
In a preliminary vote, the Rent Guidelines Board approved potential rent adjustments for one-year and two-year leases in New York City.
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%, against the backdrop