Fox 5 New York
@fox5ny·983K subscribers·28K videos
NYC Rent Board proposes hike up to 7.75% for stabilized apartments
Posted
May 1, 2025
Views
2,169
Likes
26
Comments
47
Engagement
3.37%
May 1, 2025
2,169
26
47
3.37%
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2:16Now PlayingTensions flared at the latest Rent Guidelines Board meeting as members voted in favor of preliminary rent hikes on New York City's nearly one million rent-stabilized apartments. The board approved a potential increase of 1.75% to 4.25% for one-year leases and up to 7.75% for two-year leases, drawing fierce criticism from tenant advocates.
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