New York City's Rent Guidelines Board will vote tonight on another proposed rent increase for rent stabilized apartments.
NEW YORK -- New York City 's rent stabilized apartments could see another rent hike coming soon. The city's Rent Guidelines Board will vote Monday on the latest proposed increases, which would impact more than two million tenants. The vote is scheduled for 7 p.m. Monday at Hunter College, but various tenant organizations plan to protest outside the meeting an hour before. They say a rent hike could lead to an eviction crisis and have devastating consequences for low-income tenants.
I mean, the public, we don't get increases that much,' one tenant said during the public comment period.'It can mean the difference between food... and being able to even see a doctor to get the care that's going to keep me alive,' said another tenant.During the final public comment period, landlords argued they are operating at a loss and need to be able to cover operating costs.
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