MARKOWITZ DISAPPOINTED IN RENT
STABILIZATION INCREASE
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Photographs by Laura Geiser
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Marty testifying June 14 at the Brooklyn hearing of the Rent Guidelines Board, where he urged zero percent increases |
“I am disappointed that the Rent Guidelines Board approved increases of 2.75% for one-year leases and 5.5% for two-year leases for the city’s rent-stabilized apartments. I urged the Board to vote for zero increases this year. I never want to see a New York that is home only to the very rich and the very poor. No one disagrees that a landlord who properly maintains a building has the right to a fair return, but at a time when tenant incomes are actually declining and cost increases to landlords have slowed down, rent increases create unacceptable hardships for thousands of New Yorkers with modest incomes.”
-Brooklyn Borough President Marty Markowitz
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