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These Bronx residents face 31% rent hike, even as payments freeze on 1M stabilized units
Bronx residents face a 31% rent hike, while 1 million stabilized housing units have frozen payments. Tracey Towers, a Mitchell-Lama property, proposes a 15% first-year rent increase under a four-year plan.
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Adjacent reporting
- Not every NYC renter saw a freeze — see why residents of this affordable complex face a 31% spike
- NYC Rent Guidelines Board approves rent freeze
- Mamdani’s rent freeze makes owning stabilized buildings ‘clearly unsustainable’ for NYC landlords
- How the Rent Freeze Will Work for Your Next Lease: A Guide for Tenants
- NYC’s market rate tenants getting stuck with Mamdani’s rent-freeze bill: board member