And I've said that because we have close to 2 and a half million new Yorkers who live in rent stabilized housing. These are New Yorkers with a median household income of $60,000. And The Rent Guidelines Board found that in the last study, the landlords of those units saw a 12% increase in their revenue. And what we need in this moment is relief for those tenants who are on the brink of being priced out of the city that they call their home. (01:51–01:59)
CLAIM
Asserts that landlords of rent-stabilized units saw a 12% revenue increase according to the Rent Guidelines Board.
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