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How the Rent Guidelines Board Sets the Hike on Your Next Lease from THE CITY - All RSS feed.
How the Rent Guidelines Board Sets the Hike on Your Next Lease
A million of the city’s apartments are rent-regulated. But who regulates those rents, and how? The answer is the Rent Guidelines Board (RGB), a group of nine people — all appointed by the mayor — who annually evaluate where rent increases should land. They take a final vote on how much rent will go up for […]
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