At last night's wild meeting in Cooper Union's Great Hall, the Rent Guidelines Board decided to raise rent stabilized rents 4.5% for one-year leases and 8% for two-year leases. These are the biggest rent hikes in recent years: Last year, rents hikes were approved for 3% on 1-year leases and 5.75% on 2-year leases (in 2006, the hikes were 4.25% and 7.25%). The last time there were higher hikes was in 1989. The meeting......