Rents in rent controlled Apartments – over 1 million in NYC are about to go up and up…. Get out now folks

BREAKING: By a 5-to-4 preliminary vote, the Rent Guidelines Board just approved to increase rent on rent-stabilized apartments in NYC.

But they were met w/ wall-to-wall disruption from PSL members and other housing activists demanding a rent rollback! pic.twitter.com/haPitaqWNM

— Party for Socialism and Liberation (@pslnational) May 3, 2023

New York City Guidelines board is holding a preliminary vote Tuesday night on what could be the biggest rent hike in decades for stabilized apartments. FOX 5 NY’s Linda Schmidt has the details.

Rent Guidelines Board to vote on increase range for NYC rent-stabilized apartments https://t.co/lPXbASbTnr pic.twitter.com/bgwAbqk0DA

— Eyewitness News (@ABC7NY) May 3, 2023

Want to know more? 

• The Rent Guidelines Board voted Tuesday night to consider increasing the cost of rent for stabilized apartments. WPIX News
• Homelessness is going to spike in NYC if this rent increase goes through. Decision coming June 21. – New York Post