In new York will increase the tariffs for housing with stabilized rents
From 1 October in new York will increase the rent stabilized rent. On Tuesday, the Housing authority voted to allow homeowners to raise the rent by 1.5% per annum and 2.5% for 2 years. The increase in rent will affect 630 million of the nearly 1 million rent stabilized rents. Originally the rent had planned to increase by 2.75% and 3.75%, respectively. The final decision of the Department of Housing…