Rent Guidelines Board approves rent freeze

The city's Rent Guidelines Board voted to approve a rent freeze on one-year rent-stabilized leases and a 2 percent increase on two-year leases Monday. "The

The city's Rent Guidelines Board voted to approve

The city's Rent Guidelines Board voted to approve a rent freeze on one-year rent-stabilized leases and a 2 percent increase on two-year leases Monday. (June 27, 2016 10:23 PM)

The city's Rent Guidelines Board voted to approve a rent freeze on one-year rent-stabilized leases and a 2 percent increase on two-year leases Monday.

"The facts demanded a rent freeze," Mayor Bill de Blasio said after the vote. "More than a million people will now have more security and a better shot at making ends meet."

He also said that declining fuel costs have offset other building...

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