> I wonder how many rent-controlled residents in SF/NYC would accept a $100k buyout that would convert the apt to market rate. NYC has a possibility for someth

> I wonder how many rent-controlled residents in SF/NYC would accept a $100k buyout that would convert the apt to market rate. NYC has a possibility for something like this, but only in the context of condo conversion. Although there's always stories floating around about people that didn't take it and are living for $250/mo in some fancy condo building my sense is that generally an arrangement is reached.