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Rent Guidelines Board approves rent increases on apartments, freeze on hotels

Moments before the Rent Guidelines Board’s final vote Tuesday evening on rent increases, two camps prepared for the tense hearing. Joe Strasburg, president of the Rent Stabilization Association, smoked a cigar with RGB owner member Scott Walsh and RSA Chairman Aaron Sirulnick, while around the corner of Cooper Union, boisterous tenants shouted “rent freeze! In a final vote, the RGB recommended a 1.5 percent increase for one-year leases and 2.5 percent hike for two-year leases […]

The Real Deal New York

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