It’s the largest proposed increase since 2013.
Following the board’s vote Thursday night, Joseph Strasburg, the president of the Rent Stabilization Association said the proposed increases weren’t steep enough. The group had been pushing for increases of 6.5 and 9% for one and two-year leases.
The Rent Guidelines Board signs off after Thursday night's vote, with tenant advocates holding a sign reading "#Rent Rollback 2022" in front of the camera.The Rent Guidelines Board signs off after Thursday night's vote, with tenant advocates holding a sign reading "#Rent Rollback 2022" in front of the camera.While tenant advocates worried increases of the magnitude proposed by the board would fuel an already burgeoning eviction crisis.
"Everything, including groceries, are getting more and more expensive for tenants. COVID19 is still continuing,” said Reng Ping Chen of the CAAAV Chinatown Tenants Union. “We see rates going up and many tenants are still without jobs. Every year the Rent Guidelines Board has raised the rent, and the rent is too high. Without income, we cannot pay the rent, and will be on the streets.
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