3 ms·
Rent control. It makes more sense to keep the place vacant than to reduce the base rent, which could take decades to make up. Huh? Does NYC have rent control
by PhantomGremlin 6y ago
Rent control. It makes more sense to keep the place vacant than to reduce the base rent, which could take decades to make up.
Huh?
Does NYC have rent control for businesses? I doubt it. That's for apartments.
- kevin_thibedeau 6y agoLowering rates drops resale value. That's why discounts are tacked on so that the official rate remains inflated.