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NYC’s Rent Guidelines Board approves hike for rent-stabilized apartments by up to 4.5%

Summary by New York Post
"Sadly, anything that happens tonight will not solve the serious housing crisis that faces the not-for-profit housing providers, the supportive housing providers, the public housing providers, nor the private owners who the activists love to vilify. It's on you, elected New York City. This crisis is on you."

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50% Right

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The City broke the news in on Tuesday, July 1, 2025.
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