TENANTS & NEIGHBORS AND ASSEMBLY MEMBER LINDA B. ROSENTHAL TO HOLD RALLY AND PRESS CONFERENCE BEFORE NOVEMBER 22 HEARING ON PROPOSED 8.3% INCREASE TO THE RENT CEILING FOR RENT CONTROLLED TENANTS

New York, NY – November 22, 2013 – (RealEstateRama) — On Friday, November 22, 2013 at 9:30 AM, the New York State Tenants & Neighbors Coalition, Assembly Member Linda B. Rosenthal, allied elected officials, and rent controlled tenants from across New York City will hold a rally and press conference outside 22 Reade Street before a hearing on a proposed 8.3% increase to the ceiling rent for rent controlled tenants. The event and the testimonies at the hearing will focus on the need for rents to be kept affordable for rent controlled tenants, many of whom are elderly and are living on fixed incomes.

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This action is part of a campaign organized by the New York State Tenants & Neighbors Coalition to urge the state legislature to pass a bill that has been introduced by Assembly Member Rosenthal (A7881) that would end the annual 7.5% rent increases and bring the increases for rent controlled tenants in line with typical rent stabilized adjustments, replacing the 7.5% rent increase with a rolling average of the past five years of New York City RGB rent adjustments for one-year renewal leases.

Contact: Katie Goldstein, Tenants & Neighbors, 786-390-3303, kgoldstein (at) tandn (dot) org



 


 

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