4 ms·
NYC has several kinds of rent control. Some are called "rent control" by the city, others are called "rent stabilization". Economically, they are all rent cont
by cynicalkane 11y ago
NYC has several kinds of rent control. Some are called "rent control" by the city, others are called "rent stabilization".
Economically, they are all rent control. And 60% of the city is subject to it.
- boskonyc 11y agoOh the injustice! Rent stabilization is only applicable to units costing $2500 or less (regardless of size), in buildings built between February 1, 1947 and January 1, 1974. http://www.nycrgb.org/html/resources/faq/rentstab.html#when http://www.nycrgb.org/html/resources/faq/rentstab.html#when