Khristopher J. Brooks Demonstrators calling for a freeze on rent increases this year gathered outside Cooper Union before tonight’s vote.

Rent prices across the city will increase 3.75 percent for tenants signing a one-year lease and 7.25 percent for tenants signing a two-year lease.

Members of the Rent Guidelines Board passed the increases by a vote of 5-4 Monday night during a meeting in Cooper Union’s Great Hall. The vote came at the conclusion of a raucous meeting during which dozens of demonstrators — many of whom chanted and held placards — called for a freeze on increases this year.

The increases, which apply only to rent stabilized apartments and lofts, take effect Oct. 1 and last until Sept. 30, 2012.

Based on the $1,700 a month average for studio apartments in the East Village, the increases approved by the board tonight translate into an average of $63.75 for one-year leases and $123.25 for two year leases. For tenants living in a one-bedroom, where the East Village averages $2,500 a month in rent, the average increases are $93.75 for one-year leases and $181.25 for two-year leases. Housing activists said after the vote that the negotiations preceding tonight’s meeting were slanted in favor of landlords.

An hour before the vote, scores of people gathered outside the Great Hall. Many of those in attendance had taken part in a rally organized by Tenants and Neighbors earlier in the afternoon.
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