Some Bronx tenants may be paying more in rent next year
Tenants living in rent-stabilized apartments in the Bronx will be paying more in rent next year.
The city?s Rent Guidelines Board voted Tuesday to increase rent for rent-stabilized apartments. Tenants with one-year leases will see a 2-4.5 percent hike and residents with two-year leases will see a 4-7 percent hike.
Bronx tenants say they already pay too much, but landlords argue they need the rent hike for building maintenances. The rent increases apply to leases signed between October 1, 2005 and September 30, 2006.