Housing and Homelessness
Rent Board Forgoes Freeze, OKs 1 Percent Hike
Norman Oder |
There was high drama as the board voted narrowly for the lowest rent increase ever but defied Mayor de Blasio’s call for a freeze. Updated!
There was high drama as the board voted narrowly for the lowest rent increase ever but defied Mayor de Blasio’s call for a freeze. Updated!
The RBG made history by approving unprecedentedly low increases in stabilized rents. But it rejected a call for rent freezes that the mayor supported during his campaign.