If you’re looking for information about affordable apartments, you’ve probably heard the terms “rent-regulated,”“rent-controlled,” and “rent-stabilized.” But you may be wondering, what do these terms mean? Our guide to rent-stabilized apartments in...
Rent controlled apartments have long been a holy grail for New York City renters. Along with closely-related rent stabilized apartments, these coveted units make upless than halfof the city’s rental housing. Here’s what you need to know about the current state of rent regulation in NYC, i...
How Many Apartments Are Rent-Stabilized in NYC? According to recent data, over 1 million apartments in New York City are rent-stabilized, comprising nearly 45% of the rental housing stock. These apartments primarily serve middle- and low-income families, offering some level of protection against...
(redirected fromfor rent) Dictionary Thesaurus Legal Financial Idioms rent,in law, periodic payment by a tenant for the use of another's property. In economics, its meaning is more complex, but since the wordrentmeans any income or yield from an object capable of producing wealth, its limitat...
$45M Refi for Rent-Stabilized Apt. in NYC.Reports on the refinancing project by Holliday Fenoglio Fowler L.P. on a rent-stabilized property in New York City. Terms of the loan; Keys to making the terms feasible; Company comfortable with the complexities of rent-stabilized properties....
Of the two kinds of restrictions, rent stabilization is by far the more common form today. The 2021 NYC Housing and Vacancy Survey, for instance, reported that there were 16,400 rent-controlled apartments, compared to 1,048,860 rent-stabilized apartments in the city in that year.10The autho...
For more information, please visit:http://www.metropolitanpropertygroup.com NYC Rentals, NYC Condominiums and NYC Cooperatives: What’s the difference? Posted onApril 19, 2011byadmin Rentals: The landlord owns the entire NYC building. Stabilized and non-stabilized apartments are included in this ...
If there is no stabilized unit count for a building that had one the previous year, the previous year's number is used in any of the following cases: The bill without a unit count had a SCRIE or DRIE abatement, indicating the continued presence of regulated units. ...
Please note that testimony regarding the preliminary guidelines from tenants and owners of rent stabilized apartments, lofts, and hotels, as well as public officials, will be heard throughout the evening starting at 5:00 PM June 11, 15 and 18 and throughout the afternoon starting at 2:00 PM...
the board at the land-leaseCarnegie House co-opat 100 W. 57th St. has filed a lawsuit asking the state to establish how initial apartment rents will be calculated if negotiations with the land owner break down and the co-op is dissolved and converted intorent-stabilized apa...