Board OKs hikes for rent-stabilized apartments in Westchester

Posted: Updated:
MOUNT VERNON -

Costs are going up for thousands living in rent-stabilized apartments in Westchester.

The Westchester County Rent Guidelines Board unanimously approved hikes of up to 2 percent for year leases and 3 percent for two-year leases.

The change will impact those living in about 25,000 rent-stabilized apartments.

Landlords say they need the rent increases to offset rising costs of maintenance and property taxes. Landlords actually asked for a higher rent increase before coming to a compromise.

The new guidelines will take effect for leases that are renewed after Oct. 1.

The increase comes after Rockland County's Rent Guidelines Board voted to impose a rent freeze.

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