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 and a 4 to 7.5 percent hike for

News 12 Staff

May 6, 2009, 8:12 PM

Updated 5,631 days ago

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? 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.
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