Rent Guidelines Board considers rent freeze - Houston weather, traffic, news | FOX 26 | MyFoxHouston

Rent Guidelines Board considers rent freeze

Posted: Updated:

NEW YORK (AP) - The New York City Rent Guidelines Board has voted to consider 0 to 3 percent increases on one-year leases on rent-regulated apartments.

In a preliminary 8-1 vote, the board on Monday also voted to consider 0.5 percent to 4.5 percent increases on two-year rents.

It was the first time that the board had considered a rent freeze.

Rent Stabilization Association Executive Vice President Jack Freund called the vote outrageous. The group represents 25,000 owners or managers.

Tenant representatives applauded the vote.

A final vote is set for June 23 following public hearings in all five boroughs.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Local NewsLocal NewsMore>>

  • FAA extends ban on U.S. flights to Tel Aviv

    FAA extends ban on U.S. flights to Tel Aviv

    Wednesday, July 23 2014 1:17 PM EDT2014-07-23 17:17:17 GMT
    The Federal Aviation Administration has extended the ban on U.S. carriers from flying to Tel Aviv for another 24 hours. Word came from the FAA at about 12:40 pm. on Wednesday, 24 hours after it issued its initial ban to Israel and following a rocket launch from Gaza that landed near the Ben Gurion airport.
    The Federal Aviation Administration has extended the ban on U.S. carriers from flying to Tel Aviv for another 24 hours. Word came from the FAA at about 12:40 pm. on Wednesday, 24 hours after it issued its initial ban to Israel and following a rocket launch from Gaza that landed near the Ben Gurion airport.
  • NBA's Felton pleads guilty in gun case

    NBA's Felton pleads guilty in gun case

    Wednesday, July 23 2014 12:15 PM EDT2014-07-23 16:15:05 GMT
    Former NY Knicks point guard Raymond Felton pleaded guilty Wednesday in a Manhattan gun case, taking a plea deal that involved admitting a felony but spares him jail. Last winter, after Felton's law student wife filed for divorce, her attorney brought a loaded semi-automatic handgun to a police precinct and said it was Felton's and she wanted it out of the house, authorities said.  Felton's attorney said he never threatened anyone with the gun.
    Former NY Knicks point guard Raymond Felton pleaded guilty Wednesday in a Manhattan gun case, taking a plea deal that involved admitting a felony but spares him jail. Last winter, after Felton's law student wife filed for divorce, her attorney brought a loaded semi-automatic handgun to a police precinct and said it was Felton's and she wanted it out of the house, authorities said. Felton's attorney said he never threatened anyone with the gun.
  • Fortune 500 firm Sealed Air moving HQ to Charlotte

    Fortune 500 firm Sealed Air moving HQ to Charlotte

    Wednesday, July 23 2014 12:01 PM EDT2014-07-23 16:01:51 GMT
    North Carolina has convinced Fortune 500 packaging company Sealed Air Corp. to move nearly 1,300 jobs to the Charlotte area by relocating its New Jersey headquarters and consolidating management operations from...
    North Carolina has convinced Fortune 500 packaging company Sealed Air Corp. to move nearly 1,300 jobs to the Charlotte area by relocating its New Jersey headquarters and consolidating management operations from several...
Powered by WorldNow

KRIV FOX 26
4261 Southwest Freeway
Houston, TX 77027

Phone: (713) 479-2801
Fax: (713) 479-2859

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices