Mayor Eric Adams Raises Rents for 2.5 Million Tenants Today
Rent Adjustments Decided by Adams-Controlled Rent Guidelines Board Go Into Effect October 1Rents go up by 2.75% for 1-year leases and 5.25% for two-year leases NEW YORK – Rent increases go into effect today for 2.5 million rent stabilized renters in New York City. The Rent Guidelines Board, appointed by Mayor Eric Adams, voted in
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