
Renters Outraged: RGB Votes To Raise Rents Again
Surprise! The rent is going up again next year.
In a move that surprised no one, the Rent Guidelines Board cast a preliminary vote to allow rent increases between 1.75 and 4 percent for one-year leases and 3.5 to 6.75 percent for two-year leases, reports The New York Times.
The ranges will be narrowed to a single percent increase when the board takes its final vote on June 21. Last year the board approved a 3.75 percent increase for a one-year lease and a 7.25 percent increase for a two-year lease. Read More





