Kathleen Hoban

Hundreds of New Yorkers gathered at LaGuardia Performing Arts Center in Queens Wednesday evening to protest higher rents on stabilized units. Disregarding the adamant demand by tenants to freeze the rent, the Rent Guidelines Board voted 5-4 in favor of increasing the rent adjustment of rent-stabilized apartments for one-year leases by 1.75% to 4.75% for one-year leases and by 4.75% to 7.75% for two-year leases.