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New York: Rent Increases Approved On Rent-Stabilized Apartments
http://brooklyn.ny1.com/content/top_stories/163481/rent-guidelines-board-approves-rent-increases-on-rent-stabilized-apartmentsRent Guidelines Board Approves Rent Increases On Rent-Stabilized Apartments
By: Michael Herzenberg
Updated 06/21/2012 11:06 PM
The Rent Guidelines Board passed a proposal Thursday by a 5-4 vote that raises rents on one-year leases by two percent or $20 and on two-year leases by four percent or $40. NY1's Michael Herzenberg filed the following report.
Outside Cooper Union, demonstrators marched. Inside, they screamed for a freeze.
Tenants of stabilized apartments and their supporters tried to disrupt the Rent Guidelines Board's vote.
"Last year's increase was incredibly high," said one tenant. "This year, tenants deserve a rent freeze."
....
