In buildings that are more than 50 years old and where at least 90 percent of the apartments are stabilized, the median rents ...
13don MSN
Mamdani’s rent freeze makes owning stabilized buildings ‘clearly unsustainable’ for NYC landlords
Rent-stabilized landlords face a harsh reality: rising costs and capped revenues. On Thursday night, the city’s Rent Guidelines Board made good on Mayor Zohran Mamdani’s key campaign promise to ...
Data released by New York’s Rent Guidelines Board, which sets rent increases in the city’s nearly 1 million regulated apartments, is something of an Rorschach test. Everyone sees what they want to see ...
In response to my column “Educating Zohran: What nonprofit housing actually costs,” about a Broome Street project costing $921,000 per unit, a reader pointed out that it would cost a lot less to ...
There are 3.7 million apartments in New York City, and, like families, the good ones are all alike and the bad ones are each unhappy in their own way. They can be sunlit but rat-filled, quiet but ...
While the city struggles with a massive housing shortage, tens of thousands of rent-stabilized apartments are sitting empty across the Big Apple. A whopping 57,000 rent-stabilized units sat vacant ...
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