Rent stabilization votes spark controversy in major US cities.
TL;DR Summary
The Rent Guidelines Board passed a preliminary first vote on proposed rent hikes for one-year and two-year leases for rent-stabilized apartments in New York City. The potential adjustment could increase rent 2-5% for one-year leases and 4-7% for two-year leases. Landlords and tenant advocates increased the pressure on the Rent Guidelines Board ahead of the vote on Tuesday night. The decision will impact nearly 2 million New Yorkers.
Topics:nation#business#landlords#rent-guidelines-board#rent-hikes#rent-stabilized-apartments#tenants
- Rent Guidelines Board passes preliminary 1st vote on 1-year, 2-year leases for NYC rent-stabilized apartments WABC-TV
- Proposed rent increases in NYC FOX 5 New York
- Rent stabilization discussions continue on Minneapolis City Council KSTP
- Rent for Millions of New Yorkers Could Increase by 2 to 5 Percent The New York Times
- Protests erupt during rent hike vote for rent-stabilized apartments CBS New York
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
2 min
vs 3 min read
Condensed
88%
563 → 68 words
Want the full story? Read the original article
Read on WABC-TV