Issues

NYC Unemployment Rate Grows to 8.7% »

The two-week strike by unionized employees of Verizon offset all of the hiring that occurred last month in New York City and pushed the city’s unemployment rate up slightly, according to figures released Thursday by the State Department of Labor. The city’s official unemployment rate...

Rent Guidelines Board Approves 4 Percent Increase on Stabilized Apartments »

The Rent Guidelines Board has approved a nearly 4 percent hike for rent-stabilized apartments in the city, affecting some 1.1 million apartments by 3.75 percent for one-year renewals and 7.25 percent for two-year contracts, the New York Daily News reported. The hikes will take effect...

Rent Guidelines Board To Hold Vote Tonight »

The Rent Guidelines Board will hold a final vote tonight on how much the tenants of more than one million rent-regulated city apartments will pay this fall. Board members are gathering at Cooper Union’s Great Hall at 5:30 p.m. to consider a hike of 3...