September 19, 2009 @ 2:07 pm
The Rent Guidelines Board votes on rent increases (never a decrease!) each June that go into effect for leases starting on or after the following October 1st. This year the increases are the higher of 6% or $60 for 2-year lease renewals, and the higher of 3% or $30 for 1-year lease renewals.
Tenant groups are planning a rally to highlight the roll of the RGB — all of whose members are appointed by Mayor Bloomberg – and to protest the increases:
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