NYC Rents Set To Be Raised

Comments:  | Leave A Comment

<br />

From DailyNews.com:

Rents can be jacked up as much as 3% on one-year leases and 6% on two-year leases starting Oct. 1, according to new city guidelines adopted after a raucous meeting Tuesday.

As is often the case, neither tenants nor landlords left the final vote of the Rent Guidelines Board – which oversees about a million rent-regulated city dwellings – completely happy.

“It’s not unexpected – it’s what they do every year. It’s a farce,” said Manhattan tenant Jeannette Burns, 64, of the vote to allow rent hikes.

Join the Conversation! Share on Facebook!

Tags: » »

Comments

blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 1,424 other followers