Residents at 340 and 360 Palisade avenues., a two-building complex containing at least 80 apartments, told News 12 Wednesday they’ve just begun receiving letters informing them of dramatic rental increases, with some rents nearly doubling.
Local, state and federal lawmakers were quick to push back.
“These astronomical increases point to the need for the state legislature to enact rent caps – possibly in this new session,” said Sen. Herron Gaston, vice chair of the Senate Housing Committee…