Apartment Rentals in New York City – what you need to know.
The city\’s Rent Guidelines Board voted Thursday night to raise rents by 2.25 percent on one-year leases and 4.5 percent on two-year leases.
(Photo by Robert Stolank for the NY Times. The Times has great photographers.) The Rent Guidelines Board has finalized the 2008 rent stabilization rules: * Stabilized leases signed between Oct 1, 2008 and Sept 30, 2009 will increase 4.5% for a 1-year lease, and 8.5% for a 2-year lease. This is the biggest increase since the Board was created in…