Keyword: Rent Guidelines Board
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With eviction filings at housing court already at an all-time high, elected officials worry that the Rent Guidelines Board’s decision to raise rent on stabilized units will add to the crises. The RGB voted last week to raise the rents of stabilized units 2 to 4 percent for one-year leases and 4 to 6 percent more on two-year leases. It’s the highest increase in 10 years.
Pols worry rent increase will fuel eviction crisis
Renters across the city have been dealing with uncertainty since the height of the pandemic. more
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