2 ms·
What mechanism brought your rent-controlled apartment to rent-stabilized? We've been a rent-controlled 1br apartment since 1969 (lucky...) and the rent is arou
by busterarm 8y ago
What mechanism brought your rent-controlled apartment to rent-stabilized?
We've been a rent-controlled 1br apartment since 1969 (lucky...) and the rent is around $1500.
Also that rent-stabilized apartment doesn't go to market rate just because they move out. Depending on how much of the building is rent stabilized, it would likely stay rent-stabilized until the rent threshold crossed ~$2700. A rent-controlled apartment would become rent-stabilized.