City proposes increase for rent-stabilized apts.

? 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

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 violent brawl captured on video Thursday night 1 City Island restaurant brawl captured on video
Weekend Travel Advisory, 2/24 to 2/26 2 Weekend Travel Advisory, 2/24 to 2/26
The victim's family tells News 12 emergency officials 3 VIDEO: Fatal apartment fire on Andrews Avenue
Bronx Rises Against Gun Violence, or BRAG, says 4 Group celebrates 1 year without shootings in target area
5 Bronx Sportscast, Feb. 24

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