BROOKLYN - Brooklyn residents are livid a day after the Rent Control Board voted to allow rent increases on rent-controlled apartments throughout the borough.
Under the new rules, one-year leases can go up 3.75 percent, while two-year leases can go up 7 percent.
Tenants are worried that they won't be able to afford the rent increases, but landlords say the increases are not enough to cover their rising costs.
The new rules will go into effect starting Oct. 1.
Board approves hikes on rent-controlled apartmentsLegislature extends NYC rent control law