By Sabina Mollot
At a typically raucous meeting attended by around 125 tenants, the Rent Guidelines Board made a preliminary vote for a rent increase that ranged from 1-3 percent for tenants signing a one-year lease and 2-4 percent for those signing a two-year lease. The motion for those amounts was made by the board chair Kathleen Roberts who got a 5:4 majority. Both the board’s tenant and owner members opposed it.
Landlord member Mary Serafy had called for a 4 percent increase for one-year leases and 6 percent for two-year leases. Tenant member Sheila Garcia had requested rollbacks for tenants in buildings where owners had raised rent through other means like major capital improvements or individual apartment improvements over the last three years while suggesting ranges of zero to two percent for tenants in other buildings. Like the landlords’ proposal, however, the motion was shot down 7:2.
Serafy had made the argument that market rate tenants, along with landlords, would suffer if there was a third rent freeze, with landlords trying to make up the lost income. She also pointed out that operating costs were up 6.2 percent.