Add water to a list of things that are becoming less affordable to New York City residents, after the municipal Water Board approved a 14.5% rate hike on the heels of an 11.5% hike just a year ago. Perhaps the $5 glass of tap water that some restaurants are now serving is more reasonable than initially suspected. The new water rates, which take effect July 1, are expected to cost single family homeowners an extra......

New York water consumers (i.e. everyone) are about to take a bath once the City's Water Board follows through with its recommendation to raise rates by 14.5%, which it was scheduled to propose Friday. The rate hike proposal comes less than a year after the most recent increase of 11.5% in 2007. To its credit, the Water Board has been cracking down on freeloaders. After the City Council nixed a proposed 18% hike, water scofflaws......