And? Could have been worse!
Per Curbed, which has a nice summation of the evening:
The RGB voted 5 to 4 to approve an increase of 2 percent or $20, whichever is greater, on one-year leases, and a 4 percent or $40 increase on two-year leases. The owner members had wanted 5 percent and 9 percent, while the tenant members wanted a complete freeze.