Pro Bono News
Rent Guidelines Board to Vote on Rent Freeze (NY)
Monday, June 27, 2016
- The Real Deal
- Link: http://therealdeal.com
"The city’s Rent Guidelines Board is set to vote Monday night on whether to extend the rent freeze for stabilized apartments by another year.
In a preliminary vote last month, the board said it would consider increases of 0 to 2 percent for one-year leases and 0.5 to 3.5 percent for two-year leases. Those numbers were based on a study that found the cost of operating apartment buildings fell by 1.2 percent last year due to lower oil prices..."
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