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 Guidelines Board
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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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Rents Will Rise by at Least 3.25 Percent for 2 Million New Yorkers
With landlords facing higher costs for property maintenance, a rent regulation panel approved some of the largest increases for rent-stabilized units in nearly a decade.
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In New York, Rents May Rise for More Than 2 Million
The city board that sets rents on most regulated apartments may be considering some of the highest increases in years.
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Looming Rent Increase of Up to 9 Percent Tests Adams’s Housing Priorities
Some Democrats are calling proposed increases for New York City’s roughly one million rent stabilized apartments “unconscionable.” Mayor Eric Adams says he wants to support small landlords.