7:30PM EST: The New York Rent Guidelines Board has just voted on proposed rent hikes for rent-stabilized apartments. A source who attended the meeting tells YWN that tenants will now pay an increase of 4.5 percent for one-year leases and 8.5 percent for two-year leases.
The minimum increase for one-year rent-stabilized leases is $45, and $85 for two-year rent-stabilized leases.
Additionally, protesters are blowing on whistles and making other noises – pretty much drowning out the proceedings.
(Eli Gefen – YWN Queens Ops’ Desk)
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3 Responses
In order to make it fair,all tenants should be entitled to pay raises equal to that of their rent increases.
yes, and heating oil prices should only go up for landlords if their tenants got pay raises
KUDOS to “PROUD of ……..”.
To make it even fairer and really level the playing field all owners (Those dreadful digustful cruel unethical sly and manipulative LANDLORDS……..) should likewise be given a payraise at work so they can afford to pay the Heating bills this coming winter and not a: abandon their building. b: have heating (c) violations c: end up in the penitentiary.