… of the rent and they'll be in housing court where only one in three of them will have a lawyer that the city promised them. And then also this week, Eric Adams appointees on the rent guidelines board indicated support for two-year rent increases up to 7.75%. since the average rent stabilized rent is about $1,500. That could be $100 more a month. Folks are paying. So somehow yesterday the mayor called it the best budget ever. (18:32–18:50)
CLAIM
Asserts potential rent increases supported by the rent guidelines board.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.