City proposes increase for rent-stabilized apts.

THE BRONX - ? The city?s Rent Guidelines Board proposed an increase for rent-stabilized apartments Tuesday.

The proposal includes an increase of 2 to 4.5 percent for one-year leases and a 4 to 7.5 percent hike for two-year leases.

The public will be able to voice its opinions of the proposal during two public hearings next month.

The board will take a final vote on June 23.

www.housingnyc.com

advertisement | advertise on News 12

Trending Video

A body was found in the wooded area 1 Body found in wooded area near Eastchester bowling alley
NYPD officers gathered Friday in Longwood for the 2 NYPD officers walk for autism in Longwood
News 12 asked viewers what they thought about 3 Hudson Valley Talks Trump: First 100 days
News 12 asked viewers what they thought of 4 Connecticut Talks Trump: First 100 Days
A kid from the Bronx is one of 5 Actor from the Bronx stars in '13 Reasons Why'

advertisement | advertise on News 12

Features

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE