Rent Stabilized Price Hikes, Opioid Settlement Money in New York, and Only Four Casino Proposals Remain

New York City Rent stabilized apartments are getting a price hike. Starting tomorrow, renters will have a 3% increase on one-year leases and a 4.5% rise on two-year leases. This applies to about 1 million apartments across the city. New York City is looking to secure millions of dollars in a settlement from Purdue Pharma, the makers of Oxycontin, to tackle the ongoing opioid crisis. WFUV’s Xenia Gonikberg tells us more about what it means for the city. As New York state opens the door to full-scale casinos in the five boroughs, millionaires, celebrities, and political insiders are staking their bets in what’s seen as a high stakes gamble for the city’s future. Host/Producer: Lainey Nguyen Editor: Tess Novotny Reporter: Xenia Gonikberg Reporter: Joseph Vizza Theme Music: Joe Bergsieker