City panel approves rent hikes up to 5% in stabilized apartments ...Middle East

The powerful panel that sets housing costs in about 1 million rent-regulated apartments in New York City voted Tuesday night to approve the largest increases in almost a decade: 5% for two-year leases and 3.3% for single-year leases.

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City panel approves rent hikes up to 5% in stabilized apartments ...Middle East

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