City proposes increase for rent-stabilized apts.

? The city?s Rent Guidelines Board proposed an increase for rent-stabilized apartments Tuesday.The proposal includes an increase of 2 to 4.5 percent for one-year leases

BROOKLYN - ? The city?s Rent Guidelines Board proposed an increase for rent-stabilized apartments Tuesday.

The proposal includes an increase of 2 to 4.5 percent for one-year leases and a 4 to 7.5 percent hike for two-year leases.

The public will be able to voice its opinions of the proposal during two public hearings next month.

The board will take a final vote on June 23.

www.housingnyc.com

advertisement | advertise on News 12

Trending Video

Two teens attempting to jump from one rooftop 1 Teen dies trying to jump between rooftops
The Harlem Globtrotters paid a visit to children 2 Harlem Globetrotters visit children at Brooklyn Hospital
Doctors performed the risky surgery on Bellanie and 3 Formerly conjoined twins leave Westchester hospital
Weekend Travel Advisory, 3/24-3/26 4 Weekend Travel Advisory, 3/24-3/26
VIDEO: Interview with Newburgh fire chief 5 VIDEO: Interview with Newburgh fire chief

advertisement | advertise on News 12

Features

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE