Rent-stabilized apartments are probably going to cost more over the next two years. But neither renter nor landlord is pleased with how expensive they’ll get. The Rent Guidelines Board ruled on Thursday that rent-stabilized tenants should expect to see an increase between .75 and 2.75 percent for one-year lease renewals and between 1.75 and 3.75 percent for two-year lease renewals, according to the New York Post. A final decision will be made in June. Last year, the board […]
source https://therealdeal.com/2018/04/27/rent-stabilized-apartments-likely-to-get-more-expensive-next-year/
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