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The Rent Guidelines Board held it's first public meeting for tenants and landlords after proposing a 15.75% increase for rent-stabilized apartments
Rallies and debates triggered by possible rent hikes across New York City have garnered an emotional response from New Yorkers hoping to keep their head above water with their monthly housing expenses.
The Rent Guidelines Board is considering potential increases to rent in the city's roughly 1 million rent-stabilized apartments. Those increases could be as much as 16%, the highest increase in decades.
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In New York, the real estate industry and the politicians in its pocket both reign supreme. These tenants have a plan to change that forever.