NYC Rent Guidelines Board votes to raise rents on 1- and 2-year leases …
The cost of living in the nation’s largest city will be going up after the New York City Rent Guidelines Board voted to increase rent for one-year and two-year leases on Tuesday night.
The board voted 5-4 to raise rent for rent-stabilized apartments to 3.25% for one-year leases and 5% for two-year leases. ABC7NY
CBS New York news video.
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