Rent Guidelines Board Final Vote

Submitted by ub on Thu, 06/21/2012 - 16:27

On May 1, 2012, the NYC Rent Guidelines Board adopted a proposed range of renewal lease guidelines for rent stabilized apartments, lofts and hotels.

Tonight Thursday, June 21, 2012 there was a final vote following a public meeting @ The Great Hall at Cooper Union, located at 7 East 7th Street, at corner of 3rd Ave. New York City.
The Rent Guidelines Board passed a proposal Thursday by a 5-4 vote that raises rents on one-year leases by 2 percent or $20 and on two-year leases by 4 percent or $40.