Tuesday 25 June 2019

Last chance for landlords? RGB to vote on possible rent hikes

Now that New York legislators have overhauled state rent laws, all eyes are turning to the city board that controls one of the few ways left to permanently increase rents on regulated apartments. The Rent Guidelines Board will vote on Tuesday on whether and how to increase allowable rent hikes on rent stabilized apartments. During a preliminary vote in May, the RGB recommended a .5 to 2.75 percent increase for one-year leases and a 1.5 […]



source https://therealdeal.com/2019/06/25/last-chance-for-landlords-rgb-to-vote-on-possible-rent-hikes/

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