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Rent Guidelines Board to consider 0-2 percent increase

Rent Guidelines Board to consider 0-2 percent increase
Rachel Godsil and Bill de Blasio

Rachel Godsil and Bill de Blasio

The Rent Guidelines Board voted to consider a 0 to 2 percent increase in rent for stabilized apartments with one-year leases, while stabilized apartments with two-year leases will face an increase of .5 percent to 3.5 percent.

The vote Wednesday night happened in a rowdy Midtown auditorium, with tenants’ rights advocates chanting in protest of anything short of a rent reduction. (more…)


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