Everyone gets an increase, except these building owners
One month after Mayor Zohran Mamdani’s rent freeze was approved, City Council members voted themselves an 18.2 percent pay raise after a Mamdani-appointed panel recommended it, citing the cost of living. That same month, the Water Board raised rates 6 percent, saying its expenses were rising. Social Security recipients get a cost of living adjustment every year; it was 8.7 percent in 2023 and will be 3.6 percent next year. New York’s minimum wage went up 3 percent this year. New York State Thruway tolls will rise 5 percent in January to cover maintenance expenses. See a pattern? Apparently, such […]
This article originally appeared on The Real Deal. Click here to read the full story.
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