New Yorkers living in one million rent-stabilized apartments are now faced with the biggest rent increase in a decade after a panel approved a rent hike for one-year and two-year leases despite tenants already crippled amid the cost of living crisis.
The NYC Rent Guidelines Board voted 5-4 Tuesday night to raise rent for rent-stabilized apartments to 3.25% for one-year leases and 5% for two-year leases.
The increases are the largest jumps in nearly a decade.
At the raucous rent board session in Cooper Union’s Great Hall, angry New Yorkers blew whistles, shouted ‘housing is a human right’ and turned their backs to the board, but they could not stop the vote.
‘We fight with the landlords, the rats, the roaches, the leaks, the no-gas, the no-heat, the no-hot water — and you wanna give…
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