Queens borough president calls for more affordable housing as Rent Guidelines Board approves rent hikes for stabilized apartments

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Queens Borough President Donovan Richards is calling on all levels of government to make affordable housing and the overall livability of New York City its top priorities after the Rent Guidelines Board (RGB) voted on Wednesday, June 21, to authorize increases on rent-stabilized apartments across the five boroughs. 

Demonstrators were gathered at Hunter College in Manhattan for the board’s final vote, which resulted in a 5-4 decision for a 3% increase for one-year leases for people living in rent-stabilized units. The board also upped two-year leases by 2.75% for the first year and 3.2% for the second year.