Modest Rent Increases Approved for 2.3 Million N.Y.C. Tenants

The Rent Guidelines Board voted to allow 1.5 percent increases for the second six months of one-year leases. Tenants had pushed for rent reductions.The Rent Guidelines Board voted to allow 1.5 percent increases for the second six months of one-year leases. Tenants had pushed for rent reductions.

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