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City Politicians Urge RBG to Adopt 0% Guideline |
Record increases in operating costs didn’t prevent some city politicians from calling on the Rent Guidelines Board to adopt a ZERO percent rent increase this year. During the two Public Hearings, testimony was heard from property owners about the thousands of dollars in still unpaid fuel charges, looming double-digit water and sewer increases and the burden of cost of living increases as well. Ignoring the concerns of property owners, some city politicians instead asked property owners to subsidize the city’s renters, regardless of whether they are poor, middle class or rich, by urging the RGB to adopt a rent freeze.
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Rent Stabilization Association of NYC, Inc.
123
William Street New York, NY 10038-3804 Tel: (212) 214-9200 Fax: (212) 732-0618