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This is a slightly different PDF from the same research group [1], which is what I was looking at. A couple other statistics that stick out. There are more ren
by krschultz 11y ago
This is a slightly different PDF from the same research group [1], which is what I was looking at. A couple other statistics that stick out.
There are more rent stabilized apartments in NYC than market rate apartments. Over 20% of all rent stablized apartments in Manhattan go to people over 65. Less than 5% of people in market rate apartments are over 65 years old.Over 65% of people in a rent stabilized apartment in Manhattan are white.
I think people have a picture of rent stabilized apartments as the place where your local bodega employee lives. The fact is the neighborhood rent stabilized apartments are where retired people live.
[1] http://furmancenter.org/files/FurmanCenter_FactBrief_RentStabilization_June2014.pdf http://furmancenter.org/files/FurmanCenter_FactBrief_RentSta....