Guest Post by Duane Norman
Are you ready for this? Approximately half of the housing inventory in all of New York City is rent-stabilized. Yes, that’s correct. But before you put your shoes on and start hitting the pavement, your chances of actually getting one aren’t super-great at the moment.
“It’s roughly half of the housing stock that is subject to some sort of rent regulation,” says Schleider. “But if you’re looking for one, it might not seem like that, since the apartments that are subject to stabilization have tenants who aren’t moving out, because if they did it would be impossible for them to find something comparably priced.”
Source: Is It Actually Possible To Find A Rent-Stabilized Apartment In NYC? We Found Out. | Thrillist
Continue reading “NYC Rent Stabilization – Why “The Rent Is Too Damn High””
