NYC NOW - Morning Headlines: Rent Guidelines Board Holds Rare Revote, NJ Reopens More of I-80, and Knicks Face Crucial Game Against Pacers

Episode Date: May 27, 2025

New York City’s Rent Guidelines Board is holding a rare revote this morning to reconsider the proposed range of increases for two-year leases on rent stabilized apartments. Meanwhile, more lanes are reopening this week on a damaged stretch of Interstate 80 in western New Jersey, though full repairs are still a month away. Plus, the New York Knicks head into a must-win matchup against the Indiana Pacers as the Eastern Conference Finals continue.

Welcome to NYC Now, your source for local news in and around New York City from WMYC. It's Tuesday, May 27th. Here's the morning headlines from Michael Hill. The panel that sets the rent for New York City's rent-stabilized tenants is making a rare move today, a re-vote. The Rent Guidelines Board will consider a lower range of rent increases for two-year leases in the city's roughly 1 million rent-stabilized departments. The board approved a preliminary increase of anywhere from 4.75 to 7.75% on new two-year leases last month. The board will hold a final vote on the rent increases in late June. The revote meeting starts at 930 this morning, and you can watch it in person or on the board's YouTube channel.

More lanes of New Jersey's problem-plagued Interstate 80 are expected to reopen this week. A stretch of the roadway in western Morris County had been completely shut down for months after a series of sinkholes opened up over the winter. Officials also found what they called a significant void under the road while working on those repairs. Two eastbound lanes reopened last week, and officials say two westbound lanes should open in the next few days. Transportation officials don't expect the roadway to be fully reopened for about another month. The New York Knicks have a pivotal swing game tonight in Indiana at 8 o'clock. WN.MIC's Sean Carlson explains. The Knicks are in the NBA's Eastern Conference Finals for the first time in a quarter century.

But their old foes, the Indiana Pacers won the first two games of the best seven series. To make banners worse, the Knicks lost those games at Madison Square Garden. But the Knicks have won road games in every playoff series so far, and so they hit the road of the weekend and swiped Game 3 on Indies' Heart. floor. If the next wind tonight, they'll tie the series up, but if they lose, they are one loss away from elimination. Tip off tonight is at 8.

58 with some sunshine right now, partly sunny in mid 70s on this Tuesday with a calm wind. And then tomorrow, a chance of afternoon showers. It'll be cooler, we'll notice it, mid-60s for high temperatures. And then Thursday, chance of showers, mostly cloudy and 70. On WNYC in New York.

Thanks for listening. This is NYC now from WMYC. Check us out for updates every weekday, three times a date for the latest news headlines and occasional deep dives. And subscribe wherever you get your podcast. YC.