RGB Recommends Rent Increase, Upcoming Meetings and Hearings

At the Rent Guidelines Board (RGB) Preliminary Vote on April 25, the board recommended increases for rent-stabilized apartments. Five of the board's nine members voted to recommend a 1 to 3 percent increase on one-year leases, and a 2 to 4 percent increase on two-year leases. This vote comes after there were rent freezes over the last two years.