NYC politics
fromTime Out New York
1 month agoNYC just lowered rent hike ranges in rare revote
The Rent Guidelines Board reduced proposed rent increases for two-year leases in NYC, affecting nearly 2 million tenants.
The first thing to watch out for is any references to a rent freeze saving tenants nearly $600 a month. The statistic, which activist groups have been using in their campaign for a freeze, is based on an analysis of what aggressive rather than zero increases would mean over four years.