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Moore Money with Steve Moore
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On Air Now

Moore Money with Steve Moore
Saturday 1-3PM

The rent is going up again

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(New York, NY) — Millions of New Yorkers who live in rent stabilized apartments will have to cough up more cash at the end of the month. The Rent Guidelines Board voted in a hike during a noisy meeting last night.  They pushed through a 3% raise for one-year leases.  They upped two-year leases by by five percent, spilt over two years.  Landlords say that’s not enough to cover their costs. The rent increase begins October first.

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