0% !

A big win for loft tenants yesterday. The Loft Board voted on the Interim Rent Guidelines that have been in contention for a few months (see posts below). The final number: 0%

So: no freebie rent increase for landlords just because their building gets IMD status. They have to start the legalization process before they get a penny.

Great job everyone. Thanks to all who showed up at the Loft Board meetings and sent letters to the Board. They saw us and they listened.

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