Springtime was full of grim news for New York City renters. In April, U.S. Rep. Anthony Weiner released an analysis showing that more than 500,000 New Yorkers are spending half or more of their income on housing. In May, the Community Service Society expanded on that observation with a report showing the trend that a growing number of lower-income residents are dedicating an ever-greater fraction of their income to rent. And last week—as if to prove the point—the Rent Guidelines Board approved the highest rent increase for rent-stabilized apartments in years… Read more…