The Rent Guidelines Board voted to allow 1.5 percent increases for the second six months of one-year leases. Tenants had pushed for rent reductions.
Source: New York Times
Modest Rent Increases Approved for 2.3 Million N.Y.C. Tenants
Published in affordable housing, Coronavirus (2019-nCoV), de Blasio, Bill, Landlords, New York City, Real Estate and Housing (Residential), Rent Control and Stabilization, Rent Guidelines Board, Rent Stabilization Assn and Renting and Leasing (Real Estate)
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