Rent increases of 3.25 percent and 5 percent for stabilized tenants are the biggest in a decade

Tenants in New York Citys one million stabilized apartments can now expect rent increases at lease renewal time of 325 percent for … leases as a result of a final vote last night by the Rent Guidelines Board the city agency that determines rent

By Emily Myers |June 22, 2022 - 12:30PM