Data exist to mark and lend understanding of the turnover rate in the legions of rent-stabilized buildings across New York City. When one complex features notably higher-than-average departures, it can be telling evidence of unusual — even abnormal – circumstances. Consider the story surrounding the…
We recently noted for readers the results of the June 26 vote taken by the New York City Rent Guidelines Board on rent-stabilized lease increases. The RGB decided to raise rents 1.5% and 2.5%, respectively, on one-year and two-year lease terms effective October 1 of…
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