The city’s Rent Guidelines Board is poised to approve a rent hike on rent-stabilized tenants on Monday. Presumptive Democratic mayoral nominee Zohran Mamdani will argue it’s the last one New Yorkers will see for the next four years.
The agreement includes funding for immigrant legal services, extended library hours at 10 branches, a universal child care pilot and new staff to enforce e-bike regulations.
Reducing the insurance burden on drivers of yellow taxis and for-hire vehicles will save them an average of $300 per year – real money for families living paycheck-to-paycheck.