Rent-stabilized apartments have enabled many people to stay in a city that grows ever more expensive. But for the second year in a row, rents are set to rise.
Tag: Rent Control and Stabilization
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Michelle Wu, Boston’s New Mayor, Seeks Big Change. Old Power Brokers Push Back.
Mayor Michelle Wu is striving to keep her campaign promises, but powerful lobbies are throwing up roadblocks.
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A Refugee From Another Time Gets an Eviction Notice
A Ukrainian immigrant, 82, has lived in a Manhattan hotel for decades. Now the owners want him out — while earning millions from the city to house others.
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Rent for Millions of New Yorkers Could Increase by 2 to 5 Percent
The panel, known as the Rent Guidelines Board, took a preliminary vote on potential rent hikes on Tuesday evening.
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NYC Rent Guidelines Board Considers Rent Increases of Up to 16%
A New York City panel may allow rents to rise in roughly one million rent-stabilized apartments. But increases as large as those discussed by the panel — up to 15.75 percent on two-year leases — are unlikely.