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Rents Are Going Up Again

If you have not heard, the city's Rent Guidelines Board voted Thursday night to raise lease renewals on the city's more than one-million rent regulated apartments.

Are you affected by this increase. Read the entire story here:

http://manhattan.ny1.com/content/top_stories/121032/rent-guidelines-board-approves-rent-hikes

The biggest problem is high property taxes and water and sewer bills.
Question asked via StreetAdvisor The opinions expressed here are those of the individual and not those of Douglas Elliman.
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ajadedidealist
ajadedidealist 2yrs+
Well, that's depressing! I think my grandmother has a rent-regulated apartment - she's not going to be pleased...
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The opinions expressed here are those of the individual and not those of Douglas Elliman.
hhusted
hhusted 2yrs+
A lot of apartment renters are going to feel it. I wonder how many people will decide to move now.
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The opinions expressed here are those of the individual and not those of Douglas Elliman.

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