News NYC rent-stabilized apartments could see rent hikes, board votes Rent-stabilized apartments in New York City may possibly see rent increases, the Rent Guidelines Board voted on Tuesday, May 3, 2016. Photo Credit: Linda Rosier By Alison Fox email@example.com @AlisonFox Updated May 4, 2016 1:28 PM Print Share fbShare Tweet Email Rent could go up as much as 3.5% for rent-stabilized apartments, the city’s Rent Guidelines Board voted on Tuesday. For a one-year lease, the proposed increase could be anywhere from nothing to 2% for renewal leases starting on Oct. 1, according to the board. But a two-year lease could increase by 0.5% to 3.5%. The board will hold public hearings before the final vote on June 27. By Alison Fox firstname.lastname@example.org @AlisonFox Alison covers law enforcement and breaking news. She previously worked at The Wall Street Journal, and has a master’s degree from Northwestern University and bachelor’s from the University of Wisconsin at Madison. Share on Facebook Share on Twitter Comments We're revamping our Comments section. Learn more and share your input.