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These Bronx residents face 31% rent hike, even as payments freeze on 1M stabilized units
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These Bronx residents face 31% rent hike, even as payments freeze on 1M stabilized units

1 min read

Residents of Tracey Towers, a Mitchell-Lama property, would see a 15% hike in the first year of a pending four-year proposal.

Residents of a Mitchell-Lama affordable housing complex in the Bronx contend they are being blindsided by a proposed 31% rent hike over the next four years, while other residents of affordable housing in New York City stand to reap the benefits of a ... [5543 chars]

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Source: Gothamist

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