The Rent Guidelines Board voted 5-4 last night in favor of raising rents on rent-stabalized apartments to the dismay of both tenants and landlords, with the latter claiming the increase wasn’t enough: 3.5-7% for one-year leases and 5.5-9.5% for two-year leases. This really sucks for Brooklynites who are already shelling out half their paychecks for rent. |Gothamist|