NYC Rent Guildlines Board to vote on rent hikes

The News Leader

May 5, 2010 5:15:41 AM PDT
The New York City Rent Guidelines Board will meet at Cooper Union Wednesday night for a preliminary vote on rent increases. Any increase would go into effect October 1.

Last year, the board narrowly approved a 3 percent hike for one-year leases and a 6 percent hike on two-year leases.

The Wednesday board meeting will determine the proposed increases for this year.