New York City Rent Guidelines Board votes for a 2-4% increase for rent stabilized units. And now that?

The rate increases for the city’s million rent-stabilized apartments are less than what landlords have demanded, citing rising costs. But tenants and housing advocates, who are calling for a rent freeze, say the rent hike will worsen the city’s eviction crisis.

Adi Talwar

Residential unit in the Bronx with apartments with rent stabilized units, located on the corner of East Mosholu Parkway North and Kossuth Avenue.

This article was originally published on May 6, 2022. Translated by Ana Teresa Solá Rivière. Read the original article in English here.

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