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Rents in NYC stabilized apartments are set to jump Oct. 1. Here’s what you need to know

Por: New York Daily News Politics September 30, 2022

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More than 2 million New Yorkers living in rent stabilized apartments could be facing rent hikes of up to 5% starting Oct. 1 — the largest increase in almost a decade. The city’s Rent Guidelines Board — which sets a cap each year on how much landlords can increase rent on stabilized apartments — voted 5-4 to approve the controversial plan in June. The increase comes on the heels of the city’s housing crisis, where at least $1.6 billion... + full article



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