NYC board will decide on rent increase for stabilized units today

NEW YORK CITY (PIX11) -- The city's Rent Guidelines Board on Monday will decide on a rent increase for the city's more than 1 million stabilized units. The nine-person Rent Guidelines Board initially proposed rent increases between 1.75% and 4.75% for one-year leases and between 4.75% and 7.75% for two-year leases. In May, the board [...]