Coronavirus News: NYC Rent Guidelines Board vote for rent freeze

Friday, May 8, 2020
NEW YORK (WABC) -- Residents living in rent-stabilized apartments in New York City have some good news amid the coronavirus pandemic.

The Rent Guidelines Board took a preliminary vote and decided to freeze rents on one-year leases.

Two-year leases will have a zero percent increase the first year and a one percent increase in the second year.

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