The Rent Guidelines Board, a body comprised of nine members appointed by Mayor Bloomberg, voted this week to recommend increasing rents on rent-stabilized apartments between 2 and 4.5 percent for one-year leases and between 4 and 7.5 percent for two-year leases. The board said the proposed hikes, which are set to hit 1 million apartments across the city, are nominal. Tenant activists did not agree. “This whole thing was a charade,” a spokeswoman for the Met Council on Housing, Jenny Laurie. “These are huge rent increases,” she said. Laurie said about a quarter of people in rent-stabilized housing live below the poverty line. The final vote will be held in late June. more [Sun]
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Rent hike called a ‘charade’
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