The Rent Guidelines Board cast a preliminary vote to back rent increases of between 2 and 4.5 percent on one-year leases across New York City’s one million stabilized apartments.

Tenants in New York City’s 1 million rent-stabilized apartments are on track to face the third year in a row of rent increases as renters and landlords grapple with rising costs.The city’s Rent Guidelines Board on Tuesday endorsed potential rent hikes of 2% to 4.

Around 2 million New Yorkers living in stabilized apartments will likely see their rents climb for the third year in a row, after the board tasked with setting rates okayed a range of possible hikes at a raucous preliminary vote on Tuesday — as tenants and their board representatives walked out in protest.