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Stabilized Rents Up 12.6% in Adams’ New York
Samuel Stein
Summary:
Rent-stabilized tenants in New York City have faced steep rent hikes under Mayor Adams, outpacing increases during the de Blasio administrations and nearing Bloomberg-era levels. These rising costs are deepening hardship for tenants already struggling to stay afloat, underscoring the urgent need for stronger protections.
This fact sheet breaks down how recent increases compare across mayoral administrations and what they mean for tenants today.
Issues: Affordable Housing
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