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Rent-Stabilized Apartment Price Hikes Take Effect

Pix11

Starting Tuesday you could be paying more for rent-stabilized apartments.

Previously approved rent increases will allow landlords to raise payments by 2.75% on one-year leases and 5.25% on two-year leases. The increases apply to new leases signed on or after Oct. 1 of this year.

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3 Comments

    • Another AH

      Of course the landlords don’t have mortgages, water and sewer bills, etc. They just take all the money and swim around in it like Scrooge McDuck. Right?

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