rent hike

New Yorkers with rent-stabilized apartments may have their rents increased after Tuesday’s vote. Romney Smith reports.

New Yorkers living in rent stabilized apartment could face up to 9% rent increase over two years if the vote goes through. NBC New York’s Ida Siegal reports.

The New York City Rent Guidelines Board will take a preliminary vote later Thursday on a range of proposed rent increases that could affect nearly a million who live in rent-stabilized apartments. A final vote is due in June following a series of public hearings.

Nearly 1 million NYC apartments are rent-stabilized, meaning residents who don’t typically see big annual increases in rent could be in for a shock.

There might be a rude awakening coming for nearly a million New York City renters, with a proposed rent hike meant to make up for lots of lost time — and money.

Here’s the first look at how much rent might be jumping for a million rent-stabilized NYC apartments. NBC New York