By Maria Rocha-Buschel
The city’s rent-stabilized renters will be seeing increases of 1.25 percent for one-year leases and 2 percent for two-year leases.
The increases were voted on by the Rent Guidelines Board on Tuesday evening, after two years of rent freezes for one-year leases, frustrating tenants as well as landlords.
Tenant advocates and community groups were pushing for at least another freeze and in many cases a rollback, but owner representatives felt that the increases didn’t go far enough.
Tenant member Harvey Epstein said in his remarks prior to introducing the proposal that ultimately passed that he and Sheila Garcia, the second tenant member on the board, knew tenants needed a rollback or at least a freeze, but he said that neither were possible at this year’s vote.
“It’s our job to do the best we can and live with the political realities,” Epstein said. “We take this job seriously and today is the first day to move to a better system.”